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Sono had thousands of pre orders, made millions with them. The overall package made sense to those people. And Sono didn’t lie on numbers. You need to spend mor
by ant6n 4y ago
Sono had thousands of pre orders, made millions with them. The overall package made sense to those people. And Sono didn’t lie on numbers. You need to spend more than 2 seconds on the target market before making snap judgements.
The problem is that in 5 years they didn’t make it to production. And they needed a bunch of money now, just at end of the EV bubble. They also did an IPO way too early, and in the IPO didn’t raise enough to get to production. These are all timing and execution mistakes, not market match/product issues.