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Electric vehicles are quickly gaining market share of total global car sales. High gas prices may further add demand momentum as the shift towards clean energy alternatives accelerate. We highlight 4 EV stocks that look interesting on the selloff and 3 that we suggest avoiding. ...
Global electric car sales Jan. 2022 - Up 87% YoY reaching 10% share. China sales up 115% YoY to 17% share. Europe sales were up 39% YoY to 19% share. EV market news - US$5B plan to fund EV charging network over 5 years. USA Q4, 2021 EV sales up 72%. 10 electric pickups coming to the U...
Strategic transaction remains in limbo as Foxconn has not agreed to the proposed terms of a joint product development and associated funding agreement. There's no apparent incentive for Foxconn to provide additional funding to the ailing company as its primary target appears to be the...
The following slide deck was published by Lordstown Motors Corp. in conjunction with their 2021 Q4 earnings call. For further details see: Lordstown Motors Corp. 2021 Q4 - Results - Earnings Call Presentation
Electric car stocks are following a basic model also set by cannabis stocks, sports betting stocks, and SPACs. Applying a couple of basic finance principles can help protect you from long-term losses and set up trading opportunities. These principles will apply to any speculative ...
Lordstown Motors Corp. (RIDE) Q4 2021 Earning Conference Call February 28, 2022 8:30 AM ET Company Participants Carter Driscoll - VP Corporate Development, Capital Markets and Investor Relations Daniel Ninivaggi - Chief Executive Officer Edward Hightower - President Adam Kroll - Chief Financi...
Global electric car sales for Dec. 2021 - up ~80% YoY, reaching 15% share. China sales up 125% YoY to 21% share. Europe sales flat YoY, hit a record 29% share. EV market news - China 2022 NEV subsidies policy will terminate on December 31, 2022. BloombergNEF forecasts just over 10 mil...
Lordstown Motors is a pre-revenue electric vehicle company. It had controversy in the past but is moving forward with a new CEO. Commercial production of the Endurance electric truck is expected to begin in Q3 2022 and scale to ~30,000 trucks in 2023. But that's not nearly enough ...
Global electric car sales for Oct. 2021 - Up 70% YoY, reaching 8.8% share. China sales up 113% YoY to 16% share. Europe sales up 26% YoY to 23% share. EV market news - Greece banning fossil-fuel cars from 2030. Biden signs Infrastructure Bill that includes $7.5 billion to build about ...
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...
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