Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: Lou Weed who wrote (10659)	9/2/2024 5:07:04 PM
From: teevee	Respond to of 10712

WOLF is expensing the expansion as opex, thus the big losses against sales and miniscule margins. The silver lining is tax credits down the road. Not only are the assets worth $5 billion, but expensing the expansion as opex, adds $billions more in value. I agree that at best, WOLF is now dead money for at least 12 months. On the bright side, batteries are coming that have densities betwee 400 and 800 Kwh/kg. That is a game changer for EV's and also makes electric aircraft feasible.... Aside, GM and POSCO are building a CAM plant at Becancour, Quebec, Canada. I suspect POSCO has educated GM that spodumene is the only scalable source of lithium. That spells the end for companies like LAC who are trying to recover lithium from clays which has never been commercially achieved or shown to be scalable.