actually 1.2bB shares plus 40m PIPE, that's worth $72B market cap which would place it at 8th largest auto maker behind Ford! certainly not worth that with no production.
There are 305M shares not counting all the warrants and options. that values the company at $6.1B already! with $145m in sales, it looks expensive to me. Am I wrong?
This is all a new plot by Trump and his camp! He gets sympathy after he screwed up on debate and comes out a week from now saying "I told you so, Covid is no big deal"