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2023-05-04 14:42:35 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The last 12 to 18 months has been disappointing for EV stocks . Some of the best names in this space have plunged. The reasons include overvaluation, supply-chain concerns, macroeconomic fa...
2023-04-27 09:33:42 ET Polestar ( NASDAQ: PSNY ) gained a bull on Thursday as Cantor Fitzgerald started coverage with a Buy rating. Equity analyst Andres Sheppard informed clients of the new coverage, assigning the stock a $7 price target alongside the Overweight initiat...
2023-04-23 23:59:00 ET Summary Lucid is struggling to scale even after numerous cuts to guidance through 2022, with Q1 deliveries dipping nearly 34% q/q. A high valuation at $14.3 billion is not worth the risk of failing to scale substantially, with Lucid valued more richly than E...
2023-04-20 14:13:54 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The bull market for electric vehicles is far from over. Of course, there was euphoria and it’s been followed by readjustment to realistic valuations. However, the EV growth story isn...
2023-04-19 11:08:08 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stellantis (NYSE: STLA ) stock is on the move Wednesday after the company announced a recall of 131,700 Ram 1500 pickup trucks . That recall has to do with issues concer...
2023-04-19 08:00:22 ET Polestar Automotive Holding UK PLC ( NASDAQ: PSNY ) introduced the Polestar 4 in conjunction with an appearance this week at the Shanghai Auto Show. The Polestar 4 is described as an electric performance SUV coupe and noted to be the second SUV in the brand...
2023-04-17 13:31:23 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Polestar Automotive (NASDAQ: PSNY ) is one of many early-stage electric vehicle (or EV) companies looking to grab a share of this fast-growing market, but PSNY stock may be the best...
2023-04-16 23:58:18 ET Summary Polestar has exponentially better gross margins than Rivian and Lucid. Unlike NIO and XPeng, Polestar sells most of their vehicles outside of China. Relationships with Volvo Cars and Geely Automotive are key for Polestar’s asset-light appr...
2023-04-14 07:00:01 ET Summary Lucid posted a hugely underwhelming Q1 deliveries and production report, suggesting that its outlook for 2023 is at significant risk of a miss. The company could face more significant headwinds in H2 as consumer spending is expected to slow. Moreover...
2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...
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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...