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Dan Hearsch

Dan Hearsch

Sep 11, 2026

8:00
Yeah.
8:03
So the rate of change, just the inability to plan and forecast and meet expectations, right? So a lot of these companies are publicly traded, right? So you have quarter by quarter pressure, right? And pressure to perform and anticipate things that, I mean, how do you anticipate all of these? Not only can you not anticipate what maybe the administration's going to do.
8:28
They announce something, is it really gonna happen? I mean, we were just talking about this with some of the tariffs.
8:33
They come and they go, they're legal, they're not legal, they're threatened, they go away.
8:38
How you plan a capital-intensive, long-term business like ours under those conditions but the markets don't care, right? So the investors aren't always as informed about those aspects.
8:53
They just see, all right, cashflow and EBITDA and the important things to the balance sheet.
8:59
And so there's that piece.

50 MINS LATER

58:48
Was it all these EV programs that got canceled? Why are they in CapEx straits right

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