RE: Elon Musk: "I am releasing My New Water Engine TODAY"4 Sep 2024 16:16
Jiffy, by no means am I invested in ALK, but was well over a year ago, (if not longer). Electric vehicles are the only way forward, but whether or not "Lithium" sourced energy batteries are the solution to the future in the longer term, is the beckoning question. Five or ten years ago it was a progressive answer to battery woes, as they're way more efficient than the widely adopted Nickel-Cadmium cells back then. Obviously, as seen over the years, Li batts present there own significant dangers.
Problem with ALK was that it was already late to market industry 3 years ago and now this timeline is extended further and further delays manifest as the CEO shows no "material" direction of the company.
Not sure about Musks water engine... tbvh, but at least more news is reported in advancements than by him and his company than by CEO here!... the decline in sp was inevitable!