Declining Free Cash FlowA drop to negative operating cash flow and falling free cash flow is a structural concern: it reduces internal funding for capex, working capital and expansion. Continued weakness forces reliance on external financing, raising cost and execution risk over ensuing quarters.
Stagnant/declining Revenue GrowthStagnant or slightly declining top-line growth undermines scaling benefits and may pressure margins long term. Without consistent demand expansion or new channels, investment returns fall and competitive position can erode versus faster-growing rivals in EV mobility.
Decreasing Operating MarginsNarrowing EBIT/EBITDA margins point to rising costs or pricing pressure that could persist. Structural margin compression reduces ability to fund R&D, dealer support and service networks, weakening long-term competitiveness unless efficiency or pricing improves.