Nov. 14 at 3:57 PM
$ENVX If achieving 100% silicon-anode batteries were easy, everyone would already be doing it. That’s why the market’s reaction felt disproportionate to what was actually a good—not perfect—earnings call. Enovix announced a major customer name, outlined a realistic path forward, and even hinted at a potential announcement coming at CES in January. You can call Raj a liar if you want, but doing so means accusing the entire company—and a highly respected board—of the same.
There is a clear path ahead. Delays happen constantly with novel, breakthrough technologies; look no further than Tesla, which rarely meets its initial timelines yet still delivers industry-changing products. This wasn’t some outrageous miss. Just as Enovix has slipped on certain deadlines, they’ve also met key ones. The execution isn’t perfect, but the trajectory remains intact.
