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A simple exercise involving its publicly shared numbers shows that the EV maker will probably never break even, making the case for investment in its ongoing IPO all the more baffling.

The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
The plan to speed up the national capital’s EV transition puts India's production capabilities and supply chain to the test.
A simple exercise involving its publicly shared numbers shows that the EV maker will probably never break even, making the case for investment in its ongoing IPO all the more baffling.

The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
The plan to speed up the national capital’s EV transition puts India's production capabilities and supply chain to the test.
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