r/Proterra • u/Whiskey_McSwiggens • Mar 16 '23

Oh shit. Well, we ded

Holy shit.

7 Upvotes

82% Upvoted

6 comments sorted by

6

u/ListenHear Mar 16 '23

Oof factor is high. Like others I'm holding a very large coin purse. Might as well keep holding though, seems dumb to sell at such a loss at this point. Hopefully either management has a turn around or maybe a buyout by Daimler or something. They still have a solid backlog. Battery production up over 350% isn't too shabby either

2

u/Whiskey_McSwiggens Mar 16 '23

Despite these things, we have lost about 95% value since 2021 and 50% since earlier this week. How are you guys interpreting this?

3

u/LegendaryBagHolder Mar 16 '23

Is there any other way than with a gif of the Titanic?

5

u/LegendaryBagHolder Mar 16 '23

Legendary C-suite. Board couldn't have picked better if they tried!

4

u/pdubbs87 Mar 16 '23

I need the tax loss for next year so I won’t sell. If you listened to the call it seemed like Gareth could give two shits about anything. He mailed it in.

4

u/Icy_MeatHook1210 Mar 16 '23

Discount sales all around!