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Lucid Hires Two Key Execs To Help It Expand To Europe, Middle East

Former Tesla VP Evelyn Chiang will lead Lucid's process transformation while ex-Mercedes exec Walter Ludwig will head global logistics.

Jul 27 2022 -

Tesla Energy Generation And Storage Business: Q2 2022 Results

Solar installations rebounded, but energy storage output is limited.

Jul 21 2022 -

Tesla Dumped 75 Percent Of Its Bitcoin Holdings For $936 Million

Tesla reportedly lost around $162 million from its initial Bitcoin investment.

Jul 21 2022 -

Tesla Q2 2022 Earnings Report: Profitable Again, Against All Odds

Another winning quarter for Tesla is in the books.

Jul 20 2022 -

Volkswagen Group Names North America Boss As CEO Of Scout EV Brand

Scott Keogh will focus solely on the development of the new independent Scout company that will build rugged electric pickups and SUVs.

Jul 20 2022 -

Fisker Poaches BMW US Plant Executive To Lead Global Manufacturing

Alpay Uguz will oversee the EV startup's efforts to achieve annual production of up to 1 million vehicles by 2027.

Jul 15 2022 -

Northvolt Raised $1.1 Billion To Support Expansion In Europe

The company has $55 billion in battery orders.

Jul 10 2022 -

Polestar Shares Down 25 Percent Four Days After Nasdaq Debut

Polestar's market cap was $22.78 billion at market close on June 29, down from $27 billion after the first day of trading last week.

Jun 30 2022 -

Analyst Upgrades Tesla's Stock On "Strong Competitive Advantage"

Tesla's stock has always been volatile, but this analyst is forecasting an upside thanks to the early focus on vertical integration.

Jun 27 2022 -

Polestar Goes Public On Nasdaq Via SPAC Merger, Raises $890 Million

Polestar shares closed at $13 on June 24, the stock's first day of trading; the EV maker trades under the ticker PSNY.

Jun 27 2022 -

Electric Last Mile Solutions Files For Chapter 7 Bankruptcy

Once valued at $1.4 billion, ELMS lacks funding to build its electric van and has more than $50 million in liabilities to creditors.

Jun 17 2022 -

Tesla's 10% Staff Cuts Have Begun, Ex-Employees Confirm On LinkedIn

Several former salaried employees took to the professional networking platform to announce they had been laid off.

Jun 16 2022 -

Tesla Will Ask Shareholders To Vote On 3-For-1 Stock Split

The proposed stock split means that shareholders who own one Tesla share will get two more, all worth the same as the original share.

Jun 13 2022 -

Rimac Raised €500 Million In Series D Funding

Porsche participated in the latest round to maintain its roughly 20% share in the company.

Jun 6 2022 -

Is Now The Time To Invest In EV Stocks Like Tesla? Buy The Dip?

There are so many obstacles and distractions right now that it's impossible to forecast what might happen with these stocks.

May 26 2022 -

A Top Tesla Shareholder Proposes "Undervalued" Stock Buyback Strategy

Tesla's stock is dropping despite quarterly records, two new factories, and major strides with FSD Beta. Does Tesla need a plan?

May 20 2022 -

Rivian CEO RJ Scaringe Buys The Dip, Invests $1 Million In Rivian Stock

The CEO is showing that he's confident Rivian's stock will rebound.

May 18 2022 -

Canoo Production Comes Into Question After Alarming Q1 Financial Report

The startup admits in this new report it has been spending money at an unsustainable rate...

May 12 2022 -

Rivian Announces Q1 2022 Results, Posts $1.6 Billion Net Loss

The EV startup also announced $95 million in revenue, below Wall Street's forecast of $131 million.

May 12 2022 -

Ford Aims To Cut Losses, Will Sell 8 Million Rivian Shares After Huge Loss

Both Ford and Amazon lost big due to a stake in Rivian stock. Ford lost some $3.1 billion after previously being profitable.

May 9 2022 -

Nikola Shipped 11 Tre BEV Electric Trucks To Dealers In April

That was its first ever shipment to customers; the company has 510 orders and estimates it can deliver 300-500 of them this year.

May 6 2022 -

Lucid Produced 700 Cars In Q1 2022, Delivered 360 To Customers

CEO says the Arizona plant delivered "well over 300 vehicles" in April alone, demonstrating an "accelerated production ramp."

May 6 2022 -

Tesla Reportedly Cuts Delivery Bonuses, Raises Base Salaries 12.5%

At this point, Tesla breaks delivery records every quarter, and CEO Musk said last year it was time to relax a bit.

May 3 2022 -

Lucid CEO Made Over $260 Million In Performance-Based Awards In 2021

It is one of the largest compensation packages paid to any executive last year.

Apr 30 2022 -