Carbon Revolution, an Australian manufacturer of lightweight carbon fiber wheels for electric vehicles, has seen its stock price collapse to $0.0001. The company faces severe financial distress, reporting a net profit margin of -106% and significant negative cash flow. This decline highlights the operational risks within the EV supply chain, as the company struggles to achieve profitability despite its specialized technology. With a market cap now under $22,000, Carbon Revolution serves as a cautionary example of the volatility in green tech hardware startups.
