DG Innovate Plc (LON:DGI) is the topic of conversation when DirectorsTalk caught up with Charlie Cullen and Nick Spoliar, Analysts at WH Ireland. We asked:
What do the new executives from Tesla bring to DG Innovate plc?
Given their extensive experience and knowledge of the space, they bring in the first instance very significant validation of the company’s technology, in our opinion.
This is because, as we say in our research, we believe their market contacts and status within Tesla will inevitably have brought them a multitude of new technologies to compare with it.
It therefore seems to us very meaningful from a validation perspective that they have chosen this company.
Beyond this, they bring the obvious skills of very senior industry leaders. For instance, CEO Peter Bardenfleth-Hansen, who reported direct to Elon Musk, played a key role in Tesla’s expansion across Europe.
All three of the new Executives have strengths which lift the company’s potential to a new level, in our view, in terms of its potential growth through market knowledge, contacts and strategic impact.
They are, for instance, familiar with the multi-billion $US global markets which DG Innovate’s product could plausibly penetrate for retrofit purposes.
DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. Deregallera is a subsidiary of DG Innovate.
