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As of my writing this, Tesla's "Technoking" (Elon Musk) is about halfway done with selling 10% of his Tesla stake. He's on pace to finish selling in a couple of weeks. The stock initially dove from over $1200 to ~$1000 when Musk began selling, but is now back up big in yet another wav...
The following slide deck was published by Lordstown Motors Corp. in conjunction with their 2021 Q3 earnings call. For further details see: Lordstown Motors Corp. 2021 Q3 - Results - Earnings Call Presentation
Lordstown Motors Corp. (RIDE) Q3 2021 Earnings Conference Call November 11, 2021, 16:30 PM ET Company Participants Daniel Ninivaggi – CEO Adam Kroll – CFO Becky Roof – Interim CFO Carter Driscoll – COO Shea Burns – Senior Vice President Conference Call Parti...
Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share. EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected t...
Global electric car sales for August 2021 were up 114% YoY reaching 7.7% share. China sales rose 186% YoY reaching 19% share. Europe sales rose 60% YoY reaching 22% share. EV market news - Global electric passenger car sales surged 160% higher in H1 2021 led by China and Europe. U.S. ...
Special purpose acquisition companies as an alternative to IPOs have gone mainstream. SPAC mergers allow companies to go public faster and with less disclosure. The SPAC boom took off in 2020 but now risks losing steam as investor disillusionment mounts and regulatory scrutiny intensi...
Global electric car sales for July 2021 were up 94% YoY reaching 7.1% share, third best month ever. China sales rose 143% YoY reaching 15% share. EV market news - Biden outlines target of 50% EV sales share in 2030. UBS forecasts 25% EVs by 2025 and 60-70% by 2030. Musk says EVs at "i...
The number of SPACs has soared in 2020 and 2021 as investor demand soared, and deal volumes surged much higher. Average deal size is rising, and some companies have completed or agreed to mergers at valuations above $10 billion. SPACs provide some key advantages to companies compa...
Lordstown will be able to start commercial deliveries only next year. However, there’s a risk that it won’t be able to scale its production as it’s desperate for cash. We believe that even at the current price, buying Lordstown shares is still a risky endeavor...
The following slide deck was published by Lordstown Motors Corp. in conjunction with their 2021 Q2 earnings call. For further details see: Lordstown Motors Corp. 2021 Q2 - Results - Earnings Call Presentation
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