EV startup Polestar signs deal to supply up to 65,000 vehicles to...

Polestar (PSNY) inventory debuts on Nasdaq after SPAC merger

Shares of Polestar made their public-market debut underneath the ticker “PSNY” on Friday, making it the newest electrical automobile maker to go public through a merger with a particular goal acquisition firm, or SPAC. Polestar’s inventory started buying and selling on the Nasdaq change someday after it accomplished its merger with the SPAC Gores Guggenheim. […]

Nikola founder Trevor Milton faces new federal fraud charge tied...

Nikola founder Trevor Milton faces new federal fraud cost tied…

CEO and founding father of U.S. Nikola, Trevor Milton speaks throughout presentation of its new full-electric and hydrogen fuel-cell battery vehicles in partnership with CNH Industrial, at an occasion in Turin, Italy December 2, 2019. Massimo Pinca | Reuters The founding father of electric-truck start-up Nikola Motors, already beneath indictment for fraud, is going through […]

Electric vehicle stocks surge

Electrical car shares surge

Rivian R1T all-electric truck in Occasions Sq. on itemizing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Overwhelmed-up shares of a number of electric-vehicle start-ups moved sharply larger Thursday morning in wild and largely unexplained buying and selling. Rivian Automotive after market shut on Wednesday reported a first-quarter loss that […]

Rivian (RIVN) Q1 2022 earnings preview

Rivian (RIVN) Q1 2022 earnings preview

Rivian CEO RJ Scaringe inside the corporate’s buyer expertise heart outdoors of its plant on Aptil 11, 2022 in Regular, Sick. Michael Wayland / CNBC Electrical-vehicle maker Rivian Automotive will report its first-quarter earnings after market shut on Wednesday. Wall Road analysts polled by Refinitiv anticipate a lack of $1.44 per share on income of […]

Nikola (NKLA) earnings Q1 2022

Nikola (NKLA) earnings Q1 2022

Nikola Motor Firm Supply: Nikola Motor Firm Electrical heavy-truck maker Nikola mentioned Thursday it shipped its first semitrucks to prospects in April, and that it now has buy orders and letters of intent for over 500 of its battery-electric Tre vans. The corporate can be working with purchasers together with Anheuser-Busch Inbev to finish a […]

Lucid, Nikola, Fisker are eyed by Wall Street

Lucid, Nikola, Fisker are eyed by Wall Road

Lucid Motors CEO Peter Rawlinson poses on the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins buying and selling on the Nasdaq inventory change after finishing its enterprise mixture with Churchill Capital Corp IV in New York Metropolis, New York, July 26, 2021. Andrew Kelly | Reuters Buyers holding beaten-up electrical automobile shares are bracing […]

Nvidia, Logitech, Nikola, Uber and more

Nvidia, Logitech, Nikola, Uber and extra

NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters Take a look at the businesses making headlines in noon buying and selling. KB Residence — Shares of the homebuilder ticked 5% decrease in noon buying and selling after lacking on the highest and backside traces of its quarterly outcomes. KB Residence reported earnings of […]

KB Home, Spotify, Nikola and others

KB Dwelling, Spotify, Nikola and others

Try the businesses making headlines earlier than the bell: Darden Eating places (DRI) – The father or mother of Olive Backyard and different restaurant chains reported quarterly earnings of $1.93 per share, lacking the $2.10 consensus estimate, with income and comparable-store gross sales additionally under analyst forecasts. Darden mentioned the omicron variant considerably impacted visitor […]

Nikola begins production of battery electric Tre semitruck

Nikola begins manufacturing of battery electrical Tre semitruck

Nikola Motor’s Tre semi-truck. Nikola Motor Firm Electrical heavy-truck startup Nikola introduced on Wednesday that it has begun manufacturing of the battery-powered model of its electrical Tre semitruck at its manufacturing facility in Coolidge, Arizona. The corporate plans to start deliveries of the vehicles within the second quarter, officers mentioned throughout a presentation for analysts. […]

Nikola shares surge after company delivers its first EV truck, says more to...

Nikola desires to extend shares by 200 million

San Pedro, CA – December 17: The primary two zero-emissions electrical vehicles, from an order of 100 autos, delivered from the Nikola Company to Complete Transportation Providers on the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Photographs DETROIT – Nikola Corp. will ask […]

Shares of EV start-up Electric Last Mile plunge more than 50%...

Electrical Final Mile shares plummet to $1 after firm confirms…

The ELMS City Supply, anticipated to launch later this yr, is predicted to be the primary Class 1 industrial electrical automobile out there within the U.S. market and shall be produced on the Firm’s facility in Mishawaka, Indiana. Electrical Final Mile Options DETROIT – Shares of EV start-up Electrical Final Mile Options plummeted throughout intraday […]

Nikola shares surge after company delivers its first EV truck, says more to...

Shares of EV start-up Nikola surge on earnings beat, income in…

San Pedro, CA – December 17: The primary two zero-emissions electrical vans, from an order of 100 autos, delivered from the Nikola Company to Complete Transportation Providers on the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Photographs Shares of Nikola Corp. surged Thursday […]

Peloton, Canopy Growth, Chipotle and others

Peloton, Cover Progress, Chipotle and others

Take a look at the businesses making headlines earlier than the bell: Peloton (PTON) – Peloton added 1% in premarket buying and selling after surging greater than 20% in every of the previous two periods. Yesterday’s beneficial properties got here after the health gear maker introduced that CEO John Foley was stepping down in favor […]

Shares of EV start-up Electric Last Mile plunge more than 50%...

Probes, government upheaval proceed to tank SPAC-backed EV…

Electrical Final Mile Options CEO James Taylor wished to separate his electrical automobile firm by staying out of controversies that had engulfed lots of his opponents. “Now we have no lawsuits; no administration points, that we’re conscious of; we’re delivering; we’re conserving our nostril clear,” the previous Basic Motors government informed CNBC in early November, […]

Rivian, Allbirds, Humana and more

Shares of Rivian and different EV start-ups tank amid inventory sell-off

Rivian electrical vehicles are seen parked close to the Nasdaq MarketSite constructing in Occasions Sq. on November 10, 2021 in New York Metropolis. Michael M. Santiago | Getty Photographs Shares of Rivian Automotive and different electrical automobile start-ups recovered steep intraday losses Monday after hitting 52-week or file lows amid a broader market sell-off earlier […]

Beyond Meat, Pfizer, Nikola and others

Beyond Meat, Pfizer, Nikola and others

Take a look at the businesses making headlines earlier than the bell: Past Meat (BYND) – Past Meat surged 9% in premarket buying and selling on information that KFC will roll out the corporate’s fried hen substitute nationwide beginning Monday, following assessments in a lot of markets. Pfizer (PFE) – The drug maker’s shares gained […]

Microsoft, Enphase Energy, Salesforce and more

Microsoft, Enphase Energy, Salesforce and more

Jeenah Moon | Getty Pictures Information | Getty Pictures Try the businesses making headlines in noon buying and selling Wednesday: Salesforce, Adobe — The software program shares fell greater than 4% every after UBS downgraded each firms to impartial from purchase. UBS mentioned that enterprise tech spending was pulled ahead by the pandemic, resulting in […]

Novavax, Tesla, JD.com Nikola and others

Novavax, Tesla, JD.com Nikola and others

Take a look at the businesses making headlines earlier than the bell: Novavax (NVAX) – Novavax jumped 3.4% within the premarket after the drugmaker mentioned a two-dose remedy of its Covid-19 vaccine demonstrated robust immune responses towards the omicron variant. It did add that the response to omicron was decrease than that towards the unique […]