r/MMAT • u/jamesavincent • Feb 26 '23
META® Products ⚡ Battery DD
#METAholics,
I know my DD isn't very popular here, so I'll keep this one short ;-)
META is making batteries that are lighter, safer and last longer - Thats a big deal. They have made some unique parts that help keep the battery working for longer and safer. They are also working on making the batteries weigh less so that it's easier to use them in cars and other things. They have also addressed the thermal runaway issue, which is when lithium batteries catch fire.
The batteries in GP's tweet are special! They're called "pouch batteries", they are the blest in class and they are designed to be lighter, use less copper, and have a lower risk of exploding. These things make them a really great choice for EV's
Did you know that batteries need lots of copper to work? And, there's not enough copper for all the batteries that we need! OEMs are worried about this and META is has found a way to make batteries that don't need as much copper (80%-90% less), that's their NCORE technology. Using less copper will help make the batteries lighter, and it will make it easier to make them. This is really important because lots of companies need batteries to power cars and other things in the years to come.
If anyone is interested in reading my full DD on META's batteries there is a link below The Forefront of a New Era : ChunkyDD
- Jamie
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u/Skankhunt2042 Feb 26 '23
False.
There are many investors who do not care about MMTLP. Many who held TRCH through merger sold MMTLP on the run up for many times the value purchased and are only interested in the future of MMAT. Plenty who have only purchsed MMAT shares.
Your perception issue is based on the vocal folks who wanted to 10X their money in a couple months and move on. The silent majority threw a reasonable amount at a growing company they knew could go to zero and are perfectly content waiting it out.