Nxu Town Hall | August 22, 2023

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  • Опубліковано 10 гру 2024
  • We're making a strategic shift to focus on EV charging infrastructure; the program we are most confident showcases our superior technology and products, because when we succeed in powering our electrified future, everyone benefits. Tune in to hear more from the Nxu executive team!
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    Listen to the Disconnect Podcast: open.spotify.c...
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КОМЕНТАРІ • 52

  • @jefdrew677
    @jefdrew677 Рік тому +23

    I invested a lot in hopes of driving a truck around a few years ago. Now my investment of over 15k is worth less than 2k.

  • @chuvabrava
    @chuvabrava Рік тому +32

    Stop shorting your own stock !! bring value to sharerholders, do something good for us , i wont seell now because my 100 grand invested here now it's only worth a couple thousand dollars, no choice but to wait ! otherwise i would sell. all i hear is a bunch of talk and no action to take care of pps value.

  • @BrandonStoudt
    @BrandonStoudt Рік тому +32

    You all are really good at talking for 14 minutes without really saying anything. Why so much secrecy on the product shipped and customer? Are there still plans to ship packs this year at all?

    • @NxuInc
      @NxuInc  Рік тому

      Battery innovations remain part of our mission, though at this time, we are prioritizing charging infrastructure products.

    • @sertoglu71
      @sertoglu71 Рік тому +6

      Why do much secrecy on the product shipped an customer?!

    • @NxuInc
      @NxuInc  Рік тому +2

      @@sertoglu71 Nxu shipped a key component in large-scale battery pack systems, designed to ensure consistent performance in all operational conditions, to a customer we cannot name at this time. Please stay tuned for more information and read more here: nxuenergy.com/news/Nxu-Announces-First-Product-Shipment

    • @colinbergeson2239
      @colinbergeson2239 Рік тому +3

      @@NxuIncthis NXU commenter is a bot lmao. All if these comments are automated. None if them answer anybodies questions

    • @DDizzleDop
      @DDizzleDop Рік тому

      @@colinbergeson2239 Lmfao have you ever heard of a fucking NDA, my guy? the customer wants to stay anonymous and they don't want anyone knowing what the product IS either. It's not a big deal. Literally every fucking company does this. Every one that exists, ever, has had to make a deal without disclosing the specifics. Get over yourself

  • @robertbulloch7159
    @robertbulloch7159 Рік тому +16

    Come on guys. I've been with you for a few years and still believe in the company, but as a small business owner myself, I know that operating at a loss is sustainable for only so long. We need product sold, not innovations. We're behind the overall market and need to step up in a big way. When can we see product in the hands of consumers? When can we see the NXU label out in the real world? That's the big question we all want an answer to.

  • @MattM764
    @MattM764 Рік тому +28

    The stock of NXU has been trading below $1 for several months now and NASDAQ requires all stocks trading on its platform to be trading at $1 or more or risk being delisted. So I would like the leaders of this company to address how and if they are going to avoid being delisted. Is a reverse stock split a possibility, and if so, what would most likely be the range of the spilt ratio and the timeline for this to happen?

    • @mewregaurdhissyfit7733
      @mewregaurdhissyfit7733 Рік тому +6

      YES!!!! WHAT HE SAID!!!

    • @colinbergeson2239
      @colinbergeson2239 Рік тому +2

      It’s starting to seem like they want it to be delisted. They got what they wanted, personal profit. I mean I’ve never been invested in a stock that only drops 50% every other month. Never up, and no answers from the company themself to regain confidence

    • @freedom7458
      @freedom7458 Рік тому +1

      Well they have a interest to be profitable for shares holders or we can hold them liable legally.

    • @Aprevan
      @Aprevan Рік тому

      This!

  • @mewregaurdhissyfit7733
    @mewregaurdhissyfit7733 Рік тому +13

    I want to know............is my $15 stock dwindling down to .20 stocks going to disappear into the wind, or are you going to sell product in bulk by the end of 2023 or not?

  • @bigt4382
    @bigt4382 Рік тому +10

    You are not a functioning business yet ! 7 years and no revenue … constantly changing your focus ! pick something , create a product , and sell it that’s how a functioning business works 7 years and no product …

  • @marvinpurdy8284
    @marvinpurdy8284 Рік тому +17

    I am approaching my 5 year investor milestone. I understood at the start that you would need to design, test and manufacture battery cells plus get a charging system in place for the company to grow. But, the big part of my investing was the possibility of an ATLIS electric truck. What is the status of that 'perk' for joining the investment opportunity with all the show and tell of the driving the prototype around the building, etc. How about an update?

    • @DDizzleDop
      @DDizzleDop Рік тому

      The update is that the XT project is now paused, but still part of the future path. Tesla took 10 years to take off before anyone knew what was going on. If you can't handle being down for a bit, stop crying and get out.

  • @sertoglu71
    @sertoglu71 Рік тому +13

    Why do much secrecy on the product shipped an customer?!

    • @NxuInc
      @NxuInc  Рік тому +1

      Nxu shipped a key component in large-scale battery pack systems, designed to ensure consistent performance in all operational conditions, to a customer we cannot name at this time. Please stay tuned for more information and read more here: nxuenergy.com/news/Nxu-Announces-First-Product-Shipment

    • @zahiraankon
      @zahiraankon Рік тому

      You can’t name because the customer is your mother in law. No one bought anything from you and you didn’t make anything. All bogus. You are just making yourselves rich by drawing big $ as salaries which is investors money. Bunch of frauds!

  • @TheOldGuy
    @TheOldGuy Рік тому +7

    When will 2nd quarter financials be released?
    Why did short interest in the stock increase dramatically a week before the $5M offering?

    • @NxuInc
      @NxuInc  Рік тому

      Hi @TheOldGuy, Q2 financials have been released: www.sec.gov/edgar/browse/?CIK=1722969&owner=exclude

  • @LastCallDeaf
    @LastCallDeaf Рік тому +11

    I think I missed the part discussing what the $5 million capital raise would be used for...

    • @NxuInc
      @NxuInc  Рік тому

      This capital will be used to ensure we hit our next major milestone: generating revenue from our charging systems.
      Subscribe to our newsletter to be among the first alerted to future charging opportunities, nxuenergy.com/#subscribe

    • @crilako
      @crilako Рік тому +6

      ​@@NxuIncI asked this three months ago and I'll ask it again, who are your clients for your charging systems, who is buying the charging stations? Are you going to lease them to buy for trial periods? What is the plan? If you just keep doing podcasts where you talk without saying anything, you'll only lower shareholders' confidence and your stock will just keep on tanking.

    • @crilako
      @crilako Рік тому +3

      @@NxuInc you said you were going to start generating revenue with your battery packs and cells, where did that go?

    • @crilako
      @crilako Рік тому +2

      Bait and switch, I suppose.

  • @Alex-je6od
    @Alex-je6od Рік тому +6

    The gigawatt charging stuff is neat, but it doesn't get you a sales pipeline since there's zero vehicles on the market for it. I haven't seen any innovative or marketable products over the years. (I sold all my Nxu stock a few months ago)
    I think given all the DCFC charger unreliability you had a chance to corner the market with some "bullet proof" DCFC solution. Too little, too late.

  • @MarkShea-d9e
    @MarkShea-d9e Рік тому +7

    wow - 32 comments.. I think this shows exactly what investors feel about all the smoke and mirrors. Sounds like all talk and no meat to me. I will publicly apologize to Nxu (I liked Atlis name better myself) if this actually turns out to be something rather than the Rederick in this video and others Nxu produced. Anyone interested in investing more? I wish you well.

    • @Alex-je6od
      @Alex-je6od Рік тому +1

      I was really into them during the Atlas days... but at this point I don't think they know what they want to sell. That's a bad look for a public company. Really wish Atlas got into DCFC stations with something marketable *years* ago. They could have looked at EA unreliability and began marketing some "bulletproof" DCFC units.

  • @freedom7458
    @freedom7458 Рік тому +6

    I feel defrauded. I purchased stocks and shares from the very beginning bc i was sold on the idea of a truck platform to be customized for the needs of the costumers. Now i have lost thousands of dollar while yall case goverment incentives for easy cash which doesn't not follow the needs of the working class people who will drive long term success for this company. I don't know if you have gotten bad advice or poor leadership within. You have defrauded those of us who funded you from the beginning. I own useless shares that aren't worth anything.

  • @Lexiecutioner
    @Lexiecutioner Рік тому +2

    Oh yay. More repetition information about the battery that we've already heard before. Wave your hands some more and razzle dazzle us while we try to ignore the red stocks.

  • @stevethacker6823
    @stevethacker6823 Рік тому +2

    I get it, making a truck is complicated if you need to make it on a assembly line and make thousands a year... so you switched to making chargers/cables for large EV trucks that are just coming out... and you are making a "new" type of battery cell/pack.
    But why don't I see/hear about all of that business, isn't this a now publicly traded company, just give us the numbers of units sold at a particular price to a particular company, this doesn't seem that hard to do, and don't ask me to look at your filings, just be up front

  • @Dan-or8qo
    @Dan-or8qo Рік тому +3

    Can we buy the XT prototype? Maybe have an auction and raise some capital?

  • @jajajajaja8464
    @jajajajaja8464 5 місяців тому

    whatever happened to the truck they were building ?

  • @hashtag4772
    @hashtag4772 Рік тому +5

    I Invested around $22,000 today in Nxu! Seems pretty good! Happy to be here early.

    • @fonz9151
      @fonz9151 Рік тому +9

      Say goodbye to your investment. This company will always be behind the ball. Reverse split coming to keep compliance. Guessing 1:100 Should have waited for that before wasting your $

    • @Vnexpress1203
      @Vnexpress1203 Рік тому +1

      I wish my entry was .22 instead of $1.

    • @hashtag4772
      @hashtag4772 Рік тому

      I am still doing okay :D@@fonz9151

    • @classsixupper3651
      @classsixupper3651 Рік тому

      how do you feel now? i just invested $1000 @ $0.04 lets see.

  • @riotkiot
    @riotkiot Рік тому +4

    Cool story🥱

  • @karsonzimmerman
    @karsonzimmerman Рік тому +3

    I’ve been investing in this company since day one, they have ups and downs but I still believe in what they can bring

  • @finaltouchautodetailingllc
    @finaltouchautodetailingllc Рік тому +3

    Thank you for keeping us updated on the progress!

  • @m.jamesnewman7581
    @m.jamesnewman7581 Рік тому +3

    I bought Reg A @ .29 and am holding. I also bought many more at $1 and will continue believing. Famous last words 😂

  • @cryptocdude
    @cryptocdude Рік тому +3

    Keep it up Mark and the whole team!!!! NXU is the future!!!

  • @jubilee_john4862
    @jubilee_john4862 Рік тому +1

    I am at a significant loss in my investment, but the fact that you come out and update us in a regular basis on makes me believe in your technology and mission and haven’t sold at a loss, yet, instead might continue investing more in your company. Keep it up and good luck!

  • @manuelgarcia1447
    @manuelgarcia1447 Рік тому +1

    Thanks for the update.

  • @billysturgeon8616
    @billysturgeon8616 Рік тому +2

    Mark Hanchett, do you know Teague Egan with EnergyX? I believe strongly that the two of you and your companies would complement each other. It could be the start of a real Dynasty!

  • @MaskedChefAI
    @MaskedChefAI Рік тому +2

    Tomorrow we send 🚀

  • @kastrosiete
    @kastrosiete Рік тому

    I still believe! My only regret was buying stock at $8 before going public. Bring back the weekly updates!