PSNY News and Press, Polestar Automotive Holding UK Limited From 07/20/23

2023-07-20 16:17:35 ET Tesla ( NASDAQ: TSLA ) ended Thursday with a drop of 9.74% to place shares at their lowest level in three weeks. Volume on the EV stock was a stunning 173M shares for the session. Why the 10% haircut in share price? The big drop in Tesla's ( TSLA )...

2023-07-18 14:46:48 ET Summary Honda Motor Co., Ltd. is a global manufacturer of automobiles, motorcycles, and power equipment. Honda has improved financially but is facing major issues commercially in the coming years, with growth expected to slow. The business has lost groun...

2023-07-18 13:33:33 ET Tesla ( NASDAQ: TSLA ) will report earnings for the second quarter on July 19. Analysts are expecting revenue to grow 47% year-over-year to $24.5B and EPS to come in at $0.81. Gross margin is seen coming in at 18.7% vs. 19.3% in Q1. EBITDA is seen slipping to ...

2023-07-16 05:01:41 ET Summary Polestar reported 36% Y/Y delivery growth in Q2 2023 as the Polestar 2 model remains popular with customers. The company lowered its 2023 delivery target to 60-70 thousand vehicles in May due to software issues, which is delaying the launch of the Po...

2023-07-12 19:22:34 ET Summary Electric vehicle startup Fisker Inc. announced its Q2 production figures and a major convertible bond offering. Despite Fisker making some positive strides, I am hesitant to recommending buying Fisker shares at this time. The Q2 production figure...

2023-07-12 05:09:31 ET Summary Polestar's recent rally, which saw its shares rise nearly 58% off its 52-week low, may not be justified. The company's transparency is in question as it only reports delivered vehicles, not produced ones, and its inventory has increased while custome...

2023-07-10 13:53:35 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips EV stocks are back on Wall Street’s priorities after Tesla (NASDAQ: TSLA ) delivered 466,140 vehicles in Q2, beating expectations of 445,924. These numbers ...

2023-07-10 09:20:00 ET Summary While pure-play electric vehicle stocks have lost some of the interest seen in 2020-2021, demand continues to grow for the overall future mobility market, including pure-play stocks like Tesla and Rivian. Pure-play EV companies were hit by production...

2023-07-10 08:56:27 ET Mobilicom  ( MOB ) +76% Secures Commercial Scale Purchase Order from U.S. Tier-1 Manufacturer for Initial Production of Drones for the U.S. DOD. Nanobiotix  ( NBTX ) +50% up 54% on licensing agreement for development of Radioenhancer ...

2023-07-10 07:15:00 ET When it comes to electric vehicles (EVs), there is one name in particular that comes to mind: Tesla . Although Tesla is the undisputed leader in EV adoption, there are a number of others that compete with Elon Musk's car company. To start, traditional automobi...