Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements. Investors today, it seems, simply aren't willing to wait that long. Arcimoto CEO Provides 2019 Business Recap and Outlines Plans for 2020: … Available for pre-order today, Arcimoto’s Fun Utility Vehicle, Rapid Responder, and Deliverator are some of the lightest, most affordable, and most appropriate electric vehicles suitable for everyday transport. Headquartered and manufactured in Eugene, Oregon, Arcimoto, Inc. (NASDAQ: FUV) is devising new technologies and patterns of mobility that together raise the bar for environmental efficiency, footprint and affordability. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Arcimoto’s mission to help catalyze the shift to a sustainable transportation system is powered by our community of investors. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the SEC. Since going public on Nasdaq in September 2017, we built out a state-of-the-art production facility in the Arcimoto Manufacturing Plant, completed regulatory compliance for the Fun Utility Vehicle, initiated production in September 2019, and are now delivering vehicles to our early … 1 – at least one new syndicate investor has voiced the concern that Arcimoto’s stock could be headed straight towards one dollar a share. We look forward to delivering upon a vision more than a decade in the making,” concluded Frohnmayer. 10 stocks we like better than Arcimoto, Inc. “Our 4,128 pre-orders and continued net pre-order growth stand as testaments to the strong market demand potential for the FUV, which we believe will help catalyze a fundamental shift in perception towards the rightsizing of the footprint of global mobility. Investor Relations Contact: Greg Falesnik Main: 949-385-6449 investor@arcimoto.com Public Relations Contact: Susan Donahue Main: 646-454-9378 pr@arcimoto.com Release Summary Total revenues in the second quarter of 2019 were $8,454 as compared to $85,332 in the second quarter of 2018. Should Arcimoto’s stock price hit one dollar, that would mean that our market cap …
The video can be viewed at this For more information, please visit Please login to the webcast 10 minutes before the start of the webcast to ensure timely participation. The Company will be broadcasting an earnings update video as part of the webcast. For more information, contact fleets@arcimoto.com. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. In addition, such statements could be affected by risks and uncertainties related to, among other things: our ability to manage the distribution channels for our products, including our ability to successfully implement our rental strategy, direct to consumer distribution strategy and any additional distribution strategies we may deem appropriate; our ability to design, manufacture and market vehicle models within projected timeframes given that a vehicle consists of several thousand unique items and we can only go as fast as the slowest item; our inexperience to date in manufacturing vehicles at the high volumes that we anticipate; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; the number of reservations and cancellations for our vehicles and our ability to deliver on those reservations; unforeseen or recurring operational problems at our facility, or a catastrophic loss of our manufacturing facility; our dependence on our suppliers; changes in consumer demand for, and acceptance of, our products: changes in the competitive environment, including adoption of technologies and products that compete with our products; the overall strength and stability of general economic conditions and of the automotive industry more specifically; changes in laws or regulations governing our business and operations; costs and risks associated with potential litigation; and other risks described from time to time in periodic and current reports that we file with the SEC.
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