Ha! -- interesting FUD, but ridiculous.
Recently I suggested 10 Billion for LiDAR and 10 Billion for Near Eye display. 20 Billion.
Let's look at the big tech companies: (Apple, Amazon, Google, Microsoft) They're ALL looking at self-driving cars. They're all looking at Augmented reality. They would all like to be leaders in one or both, and one company has the best specs in both. (MicroVision)
All have market caps north of a Trillion dollars, and huge cash reserves (1.21.2021 - source, Yahoo Finance.)
Apple Market Cap: $2,270,000,000,000 -- Cash on hand: 91 Billion
Amazon Market Cap: $1,663,000,000,000 -- Cash on hand: 68 Billion
Google Market Cap: $1,300,000,000,000 -- Cash on Hand: 132 Billion
Microsoft Market Cap: $1,686,000,000,000 -- Cash on Hand: 138 Billion
They could pay way more than my "crazy" price target with jingle money and hardly notice.....
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