Risk Factors Update Summary
- The company must invest significantly in developing and commercializing new products and services.
- Increased costs and uncertainties in designing new technology may adversely affect strategic plans.
- The success of the long-term strategy depends on consumer adoption of EVs.
- Risks related to cybersecurity attacks and disruptions to IT systems could impact operations.
- The company faces risks associated with climate change regulations and evolving sustainability standards.
- The company's ability to maintain profitability is dependent on introducing new vehicle models at decreasing price points.
- The company's success relies on attracting and retaining highly skilled employees in a competitive market.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1467858&owner=exclude
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