Feb. 3 at 10:58 PM
$ENVX
Enovix has
$648 Million Cash on their balance sheet.
They have installed one high-volume production line in Malaysia, and one agility line for sample production in Malaysia. They also have an agility line for sample production in Fremont, CA, which is used for research and development and sample production.
In April 2025, they acquired a 330,000 square-foot battery cell manufacturing facility in South Korea, which will hold many production lines.
Does this sound like a company that will never sell batteries? @TradeN4Cash @anonymousguy100
When they release the next positive press release the share price will spike instantly.