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InvestorPlace - Stock Market News, Stock Advice & Trading Tips For years, Tesla ( TSLA ) has been the untouchable king of the global electric vehicle industry. But its subpar third-quarter earnings report proved that’s no longer true – and that other...
Summary Lordstown Motors, the Ohio-based EV junior, announced 40,000 pre-orders only 2 years ago. Fast-forward and Lordstown is brandishing accolades as the Endurance enters commercial production. Yet 500 units by end 2022 provide few inroads into its Everest-like pre-order bo...
Summary PSNY's plans to ramp delivery volumes by over 110% in Q4 with further growth in 2023, alongside increased R&D spend, is likely to end with a substantial capital raise. PSNY reported ~$1.38 billion in cash on hand at the end of Q2, using about ~$400 million in operation...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This year has been a relatively terrible one for the overall electronic vehicle sector, including under-the-radar EV stocks. With the Nasdaq dropping approximately 30% on a year-to-date basis alone, most EV...
Polestar Automotive ( NASDAQ: PSNY ) officially unveiled the the Polestar 3 electric performance SUV. The first version of the all-electric five-passenger SUV is priced at priced $84K, but lower-costs versions are expected to follow. The Polestar 3 is the first car from the ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Pavel Kapysh / Shutterstock Arcimoto (NASDAQ: FUV ) stock isn’t doing so hot on Wednesday after the company revealed plans for a reverse stock split . Specifically, the electric vehicle (EV) co...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Jeppe Gustafsson / Shutterstock.com Today, Polestar (NASDAQ: PSNY ) will debut its first SUV — the Polestar 3 — at a launch event in Copenhagen, Denmark. PSNY stock investors will be able t...
Summary Polestar is currently an EV upstart that boasts one of the best production and delivery numbers, with slim positive gross margins, yet trading at a significant discount to peers. Yet, uncertainties over its current capital structure and profit realization timeline remain a...
Polestar (NASDAQ: PSNY) disclosed Friday that it is still on track to deliver 50,000 vehicles in 2022 after its factory commenced full production following Covid lockdowns in China. According to the automaker, it delivered 9,215 vehicles during the third quarter, totaling about ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: stockphoto-graf / Shutterstock.com Visa (NYSE: V ) stock is on the move following news that the company and FTX are teaming up to bring debit cards tied to crypto accounts to a wealth of countries. T...
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Polestar (Nasdaq: PSNY) is once again at Goodwood Festival of Speed showing its expanded model line-up with the new Polestar 3 and Polestar 4 electric SUVs joining the Polestar 2 centre stage. Star of the show is the Polestar Concept BST, making its global debut at the famous motoring festival. I...
Polestar (Nasdaq: PSNY) has received notice from the Nasdaq Stock Market LLC that the Company is not currently in compliance with the $1.00 minimum bid price requirement, as set forth in Nasdaq Listing Rule 5450(a)(1). This press release features multimedia. View the full release here: http...