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Summary Luminar Technologies hit a major milestone by reaching the start of production ahead of schedule, with multiple vehicle models set to adopt Luminar's Iris over the next 4 to 6 quarters. A new high-volume production facility is set to come online late next year, setting the...
Summary Palantir reported 3Q22 sales that beat both consensus estimates and the higher range of its previous guidance and upped its adjusted earnings forecast for full-year 2022. However, continued deceleration across both its commercial and government segments sow further uncerta...
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The broader stock market indexes outperformed the technology-filled Nasdaq Composite index last month with many early-stage tech companies underperforming even that index. That included electric vehicle (EV) charging network company ChargePoint Holdings (NYSE: CHPT) as well as E...
Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, announces that it has received further commitments for financial and liquidity support from its two major shareholders. Volvo C...
Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors looking at the electric vehicle space certainly have several options to choose from. In this market, many valuations across EV players have come down to more attractive levels. However, choosing the best EV stocks...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In my view, it’s a good time to aggressively shop some potential multibagger penny stocks. The market meltdown in 2020 rewarded brave investors with multibagger returns in growth and penny stocks in the subsequent ...
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...
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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...