Thanks for sharing this report – very detailed one. While I do not agree with all the claims made in it, some of the points they have raised are very very valid – especially on servicing obligations around replacement of fuel cells and server due to failure, lower efficiency or end of useful life. This cost can suddenly show up after a few years and it will be much bigger as volume grows up substantially. It can manifest into a material risk for the company and can force it into bankruptcy.
The only way to know if this risk has reduced is to check whether Bloom has really improved upon the useful life of the fuel cells and servers as per its original claim. Unfortunately I do not have necessary expertise in this.
Disclaimer: invested with average cost of 1550
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