Oct. 4 at 1:58 PM
$BE $PLUG $FCEL
Congrats to all PLUG investors on the nice momentum.
But there seems to be a misunderstanding in some comments claiming that in the short term PLUG and FCEL will perform the same way as BE recently.
There’s one key difference that sets Bloom Energy (BE) apart from the other two – profitability. Over the past few quarters BE has increased its margins and reduced its losses, and it looks like starting from Q3 the company will be profitable. This didn’t happen overnight – it took time and discipline to scale and improve profitability.
So far, PLUG and FCEL have been more in the situation where the more they sell, the more they lose. Scaling alone, signing contracts, and delivering more equipment or hydrogen won’t automatically solve the profitability problem.
Overall, I’m very happy for our PLUG and FCEL brothers and sisters. But with no offense – right now Bloom Energy is playing in a different league, and it looks like it will move even further ahead.
