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0 0.00242365487154615 -0.00630150266602048 -0.011148812409113 -0.0140571982549686 -0.00920019389238981 -0.0159961221522056 -0.0140571982549686
Stock impact report

Aeva Technologies: Q3 Confirms The Story Is Still All Hype, No Progress [Seeking Alpha]

Aeva Technologies, Inc. (AEVA) 
Company Research Source: Seeking Alpha
AEVA continues to burn $9-10 million monthly, with cash reserves likely to last only 1.5 quarters, making dilution or further financing inevitable. Commercial agreements with ZF, Daimler Truck, and LG Innotek have yet to generate meaningful revenue, while competitors are scaling profitably. Given worsening financials, lack of commercial traction, and extreme overvaluation, I rerate AEVA as a Strong Sell. Hiroshi Watanabe/DigitalVision via Getty Images I last covered Aeva Technologies, Inc. AEVA ) in August, and since then, the company has reaffirmed my view on it. In my first article, I mentioned that I believe that revenue is going to grow This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeki Show less Read more
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