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Rad CEO out - is it the end of Rad?

Started by Adams, March 07, 2025, 03:09:08 PM

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Adams

March 07, 2025, 03:09:08 PM
Just saw a Reddit thread saying Rad's CEO is out, and most of the officer positions are empty. CFO only one left.  Not a good sign.

On the bright side, maybe there will be a battery sale . . .

Ryan

#1
March 10, 2025, 07:32:11 AM
I hope not, it has been quite the downfall to watch - from raising $300 million to having so many rounds of layoffs. The RadRunner prices just got sliced significantly, I guess good for buyers right now.

More here: https://electrek.co/2025/03/07/rad-power-bikes-ceo-secretly-exits-amid-more-layoffs-uncertain-future/
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