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Jayant Mundhra

 • 

Dexter Capital Advisors • 22d

Everyone is cheering Ola announcing 'Shakti' - their big move into battery storage. I’m not. This announcement deserves EXTREME scrutiny 🙏🙏 For anyone who's been watching, this feels familiar. TOO familiar. It looks like the same old Ola playbook. 1 - Announce a futuristic product. 2 - Generate massive hype. 3 - Open pre-orders to grab cash. 4 - Magically divert attention from all the REAL problems happening right now. This is a disturbing pattern that keeps repeating itself. .. Let’s just look at the facts. This company has a WILD history of breaking promises. This isn't opinion. It's the record. The S1 scooter launch? It was promised for Oct ’21. It finally staggered out in mid-Dec. And even then many early buyers got scooters with half-baked software. A total mess. But wait, it gets worse. - The Ola Roadster motorcycle. First, they promised delivery by the "end of 2024" - Then it slipped to March 2025. Then April. A few bikes finally showed up in late May 2025. That's almost 6 months late. This isn’t a "track record" of delays - And to make things worse, to date, it does not disclose how many Roadsters it’s selling a month. It combines the figure with scooter sales, the overall count of which is in decline Biz model = Announce big. Deliver late. Or not at all. .. The biggest red flag with 'Shakti' is the battery. Ola says it will be powered by its OWN "4680 Bharat cells." - These are supposed to come from its giant Tamil Nadu Gigafactory, which however isn't working at scale - It is so far behind schedule that Ola is paying Rs 12L a day as PENALTIES to the Govt, because it's not meeting promises made for PLI benefits .. This raises a critical, unavoidable question. How can Ola POSSIBLY guarantee a mass-market delivery for Shakti in January 2026? The core component. The battery. It depends on a factory that is ALREADY failing its promises to the Govt. It makes zero sense. When your house is on fire, you point at the sky and shout about a beautiful cloud. It shifts the whole narrative. Stop talking about our losses, production hell and post-sales experience! Look at this new shiny thing! And please, give us your pre-order cash NOW. It’s a classic move to lock in customer money while the core business struggles. .. For any consumer thinking about this, the message is simple. Buyer beware. That January 14, 2026 delivery date for Shakti? It’s not a deadline. It's a wish. It's a target from a company whose entire history says: don't trust the target. It is so much wiser to wait for REAL proof. - Mass production starting - Actual dispatch confirmations - Independent reviews from real, paying users Don't buy the hype. With Ola, you ALWAYS wait for the product, not the promise. Rest, your money, your call - do as your pocket allows :)

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