

They don’t have the capital to pursue an EV
Yes they do. It’s just they’re choosing to spend all of it on hydrogen, which the Japanese companies still think is better than batteries.
Supposedly hydrogen cars are a solved problem now, all the investment is going into infrastructure. The ability to fill your tank in a few minutes is useless if there’s nowhere to fill up.
They might want to, but it’s illegal.
The “quiet period” is a reference to an SEC law that forces any company to be radio silent for a strict 40 day period during the IPO process. Reddit is in that period now and therefore they cannot say a word.
JPMorgan was fined almost a billion dollars for answering questions on a phone call during their quiet period.