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General
Corporate / Financial
Fisker Poaches BMW US Plant Executive To Lead Global Manufacturing
Alpay Uguz will oversee the EV startup's efforts to achieve annual production of up to 1 million vehicles by 2027.
By
Dan Mihalascu
11h ago
0
Battery Tech
Northvolt Raised $1.1 Billion To Support Expansion In Europe
The company has $55 billion in battery orders.
By
Mark Kane
10 July 2022
0
Corporate / Financial
Polestar Shares Down 25 Percent Four Days After Nasdaq Debut
Polestar's market cap was $22.78 billion at market close on June 29, down from $27 billion after the first day of trading last week.
By
Dan Mihalascu
30 June 2022
0
Corporate / Financial
Analyst Upgrades Tesla's Stock On "Strong Competitive Advantage"
Tesla's stock has always been volatile, but this analyst is forecasting an upside thanks to the early focus on vertical integration.
By
EVANNEX
27 June 2022
0
Corporate / Financial
Polestar Goes Public On Nasdaq Via SPAC Merger, Raises $890 Million
Polestar shares closed at $13 on June 24, the stock's first day of trading; the EV maker trades under the ticker PSNY.
By
Dan Mihalascu
27 June 2022
0
Corporate / Financial
Electric Last Mile Solutions Files For Chapter 7 Bankruptcy
Once valued at $1.4 billion, ELMS lacks funding to build its electric van and has more than $50 million in liabilities to creditors.
By
Dan Mihalascu
17 June 2022
0
Corporate / Financial
Tesla's 10% Staff Cuts Have Begun, Ex-Employees Confirm On LinkedIn
Several former salaried employees took to the professional networking platform to announce they had been laid off.
By
Dan Mihalascu
16 June 2022
0
Corporate / Financial
Tesla Will Ask Shareholders To Vote On 3-For-1 Stock Split
The proposed stock split means that shareholders who own one Tesla share will get two more, all worth the same as the original share.
By
Dan Mihalascu
13 June 2022
0
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Corporate / Financial
Rimac Raised €500 Million In Series D Funding
Porsche participated in the latest round to maintain its roughly 20% share in the company.
By
Mark Kane
06 June 2022
0
Elon Musk
Tesla's Elon Musk May Pause Hires, 10% Staff Cut, Economic Uncertainty
The CEO has been talking about inflation, and now he admits he has a "super bad feeling" about the economy.
By
Steven Loveday
03 June 2022
0
Corporate / Financial
Is Now The Time To Invest In EV Stocks Like Tesla? Buy The Dip?
There are so many obstacles and distractions right now that it's impossible to forecast what might happen with these stocks.
By
EVANNEX
26 May 2022
0
Corporate / Financial
A Top Tesla Shareholder Proposes "Undervalued" Stock Buyback Strategy
Tesla's stock is dropping despite quarterly records, two new factories, and major strides with FSD Beta. Does Tesla need a plan?
By
Steven Loveday
20 May 2022
0
Corporate / Financial
Rivian CEO RJ Scaringe Buys The Dip, Invests $1 Million In Rivian Stock
The CEO is showing that he's confident Rivian's stock will rebound.
By
Steven Loveday
18 May 2022
0
Corporate / Financial
Canoo Production Comes Into Question After Alarming Q1 Financial Report
The startup admits in this new report it has been spending money at an unsustainable rate...
By
Andrei Nedelea
12 May 2022
0
Corporate / Financial
Rivian Announces Q1 2022 Results, Posts $1.6 Billion Net Loss
The EV startup also announced $95 million in revenue, below Wall Street's forecast of $131 million.
By
Dan Mihalascu
12 May 2022
0
Corporate / Financial
Ford Aims To Cut Losses, Will Sell 8 Million Rivian Shares After Huge Loss
Both Ford and Amazon lost big due to a stake in Rivian stock. Ford lost some $3.1 billion after previously being profitable.
By
Steven Loveday
09 May 2022
0
Industry Outlook
Analysts Chime In On Tesla Stock, And Why It's Important To Watch
Tesla is currently worth more than the next 14 automakers combined, with a price-to-sales ratio of 19.
By
EVANNEX
09 May 2022
0
Corporate / Financial
Nikola Shipped 11 Tre BEV Electric Trucks To Dealers In April
That was its first ever shipment to customers; the company has 510 orders and estimates it can deliver 300-500 of them this year.
By
Dan Mihalascu
06 May 2022
0
Corporate / Financial
Lucid Produced 700 Cars In Q1 2022, Delivered 360 To Customers
CEO says the Arizona plant delivered "well over 300 vehicles" in April alone, demonstrating an "accelerated production ramp."
By
Dan Mihalascu
06 May 2022
0
Industry
Tesla Reportedly Cuts Delivery Bonuses, Raises Base Salaries 12.5%
At this point, Tesla breaks delivery records every quarter, and CEO Musk said last year it was time to relax a bit.
By
Steven Loveday
03 May 2022
0
Corporate / Financial
Lucid CEO Made Over $260 Million In Performance-Based Awards In 2021
It is one of the largest compensation packages paid to any executive last year.
By
Dan Mihalascu
30 April 2022
0
Industry Outlook
GM's Mary Barra To Tie Compensation Packages To EV Goals
In the past, it wasn't abnormal for legacy automakers to "anti-sell" EVs, but Barra has plans to take a leap in the opposite direction.
By
Steven Loveday
29 April 2022
0
Corporate / Financial
Ford Loses $3.1 Billion In Q1 2022: Loss Due To Rivian Stock
Prior to investing in Rivian, Ford was profitable.
By
Steven Loveday
28 April 2022
0
Corporate / Financial
Tesla Loses $126 Billion In Market Cap As Elon Musk Buys Twitter
Tesla stock dropped more than 12% to $876.42 on April 26 after Musk's bid to buy Twitter was approved by the social platform's board.
By
Dan Mihalascu
27 April 2022
0
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