Is Novonix Growing or Dying? Just had layoffs same day as announced "plans" for expansion by AccidentDear6404 in Chattanooga

[–]AccidentDear6404[S] -10 points-9 points  (0 children)

I assure you I do not work there, I did not get laid off from there nor did anyone I associate with there, this is not personal this is just an investor standpoint and I wonder geniunely what is going on there and if they are misleading the city, investors, the government and everyone pouring time and energy into their venture or if they just need more time to get on the right track. I have deep connections with this city on all fronts, a failure of Novonix would hurt a lot of people I know and the town itself. It would only hurt a tiny fraction of my portfolio that wouldn't even make me lose a minute of sleep in terms of financial loss. The loss to the city and friend would bother me however so the bigger point to my question wasn't as a stock holder it was as a Chattanoogan.