Tag: EV maker
Polestar cements its position as a prominent EV competitor
Swedish carmaker Polestar released its third-quarter financial results on Friday, reporting skyrocketing revenue and gross profits as it continues to grow its position in...
EV maker Polestar doubles revenue to $1 billion in first-half of...
Polestar is positioning itself to be a dominant force in the EV market. The company announced newly updated financials for the first half of...
EV maker Fisker considers US manufacturing options beginning in 2024
California electric vehicle startup Fisker said last Friday that it was considering options to manufacture vehicles in the United States starting in 2024. The news means that...
Lordstown Motors appoints Edward Hightower as its new CEO
Electric vehicle start-up Lordstown Motors has a new Chief Executive Officer. Former President Edward Hightower is taking over as CEO, while outgoing CEO Daniel...
Polestar goes public via SPAC merger with Gores Guggenheim
On Friday, electric vehicle manufacturer Polestar went public through a merger with a special purpose acquisition company, or SPAC, and began trading on the...
UBS upgrades Tesla to buy with $1,100 per share price target
Financial services firm UBS has upgraded Tesla's (TLSA) stock to buy from neutral, with analyst Patrick Hummel noting that he believes the "operational outlook" for TLSA...
Ford CEO Jim Farley hints at adjusting dealership model, might implement...
Ford Chief Executive Officer Jim Farley said at an Alliance Bernstein event that the electrification of the auto industry is “the most exciting land...
Elon Musk tells employees to come in-person to the office or...
Tesla’s Chief Executive Officer Elon Musk sent two serious emails to all employees, stating they must return to the office or it will be assumed that...
Rivian Automotive goes through another management shakeup
Rivian’s Executive Vice President of Manufacturing, Charly Mwangi, will reportedly be leaving the company. Mwangi joined Rivian in May of 2020 after almost two...
Nikola Corp. on track to meet production goals for 2022
Nikola Corp. announced last week that it would likely be meeting its delivery projections of between 300 and 500 vehicles this year, citing its...
