Identified as a major retailer selling car batteries made with lead from hazardous and poorly regulated recycling facilities in Nigeria, exposing the company to potential supply chain, reputational, and regulatory risks.

Investors should be aware of potential supply chain risk, as the collapse of a major supplier like First Brands could cause temporary product shortages or price increases.

Faces an existential threat from the shift to EVs. The company has over $12B in debt, high valuations, and a $7B inventory at risk of obsolescence. Potential bankruptcy risk in 3-5 years.