As someone who has traded for 20 years and made a killing shorting the internet bubble in 2000, the shorts on KNDI are some of the most illiterate, ill informed, and foolish I have ever encountered. I am still waiting for the day an intelligent short shows up with a compelling argument based on math. I have yet to see it.
I am not a short. I have no position in KNDI at this time. I believe in EV'S and drive a tesla. I just don't see the value at this time. Like I said, KNDI is a long way from profitability. The capital required to build the cars and the building vending machine is significant. They will need more capital. Also there has to be a great cost associated to maintaining the grid and cars. I will wait to see. JMHO