Professional
Added to YB: 2024-11-21
Pitch date: 2024-11-20
OKLO [bearish]
Oklo Inc.
-163.92%
current return
Author Info
Kerrisdale Capital is a research-oriented investment firm that shares investment ideas. Sign up for the newsletter.
Company Info
Oklo Inc. develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to the customers in the United States.
Market Cap
$7.9B
Pitch Price
$21.01
Price Target
N/A
Dividend
N/A
Sector
Electric Utilities
Category
N/A
Oklo Inc. (OKLO) - Fission Impossible
OKLO short: No NRC approval, no revenue for years. Unrealistic 2027 deployment timeline. Fuel cost assumptions lowballed 5x. Sodium-cooled reactors have poor reliability. $2.7bn capital needed for rollout. SMRs unlikely to power data centers significantly before 2035. Inflated economics, underestimated challenges.
Read full article (28 min)