QS - Electric vehicle stocks cruise right past Lordstown financial warning

Henrik5000/E+ via Getty Images The electric vehicle sector is humming right along despite a late warning yesterday from Lordstown Motors ([[RIDE]] -12.1%) yesterday that it may have run out cash in its pursuit of bringing the Endurance pickup truck to the market. EV startups like Workhorse Group ([[WKHS]] +1.9%), Fisker ([[FSR]] +2.3%), China Automotive Systems ([[CAAS]] +8.0%), Foresight Autonomous Holdings ([[FRSX]] +2.6%), QuantumScape ([[QS]] -0.4%), Electrameccanica Vehicles ([[SOLO]] +0.9%), Canoo ([[GOEV]] -2.1%), Ayro ([[AYRO]] +2.2%), Churchill Capital IV-Lucid ([[CCIV]] +0.4%) and GreenPower Motor Company ([[GP]] -2.6%) are mostly in positive territory to start the day. Tesla ([[TSLA]] -0.5%) is holding its +$600 handle in early trading. Analysts say renewed confidence in the China growth story and yesterday's EV commitments from the Department of Energy are offsetting any worries about Lordstown's financial stumble. RBC Capital also helped sentiment with a positive assessment on Fisker. Seeking Alpha Quant Ratings on automobile manufacturers

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Electric vehicle stocks cruise right past Lordstown financial warning