How Nikola’s Response to Short Seller Report Falls Short
Truck maker Nikola has denied charges leveled against the company and its CEO on Thursday in a short seller's report that the company's CEO lied on a number of issues.
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Short Interest Soars on 2 Electric Vehicle Makers
Short sellers loaded up on shares of a China-based electric vehicle maker, and a stock split lifted short interest in the world's top maker of EVs.
Short Seller Slams Electric Truck Maker Nikola
Short seller Hindenburg Research has published a scathing report on electric truck maker Nikola. The stock traded down more than 12% early Thursday.
Lucid Motors Joins the Gang Taking Aim at Tesla
The introduction of the Lucid Air battery-electric cars on Wednesday adds one more strong competitor to the gang arrayed against Tesla.
New GM Partnership Not Just a Win for Nikola
GM and electric truck maker Nikola have struck a noncash deal that gives GM an 11% stake in Nikola in exchange for in-kind services related to engineering and manufacturing of Nikola's pickup and heavy-duty…
Jeep’s New High-End Grand Wagoneer Faces Brand’s Reputation Problems
Jeep plans to enter the extreme high end of the sport utility vehicle market with its new Grand Wagoneer. But will the new product overcome the brand's reputation for low quality?
As Tesla’s Shares Crash, Could They Drop Another 95%?
The idea Tesla could be wrecked is not entirely far-fetched. It has struggled like other car companies as the pandemic rocked sales.
The Ups and Downs of Nio’s $1.5 Billion Secondary Offering
Shanghai-based priced an upsized secondary offering of 88.5 million shares at $17, about 8% below last Friday's closing price. But that's only a small bit of the news from electric vehicle makers on Monday.
Hitachi Agrees to Strategic Deals With Workhorse Group
Two subsidiaries of Japanese conglomerate Hitachi have signed strategic agreements with electric van maker Workhorse Group. One of the agreements offers financial support for Workhorse's dealers and customers.
Electric Carmaker Xpeng’s IPO Jumps 54%Â
Chinese electric vehicle maker Xpeng completed its IPO on Thursday with shares priced at $15 (above the expected range) and investors getting a nice 54% premium to that price as well.
August Auto Sales to Perk Up, but by How Much?
U.S. new vehicle sales are expected to improve in August compared with July's reported sales, but the annual outlook remains far below 2019 totals.
Will Drivers Buy a $100,000 Electric Porsche Over a Tesla?
Porsche aims to launch upgraded versions of its Taycan, but it will be impossible for Porsche to challenge Tesla without substantial changes.
Nio’s Ride Higher Continues After 1,500% Jump to Analyst’s Price Target
Electric vehicle maker Nio got a 1,500% price target boost from an analyst and the company's stock has added more than 20% to its price in just over one day of trading. Will electric…
Does the Market Need Another Electric Vehicle Stock?
Battery-electric vehicle manufacturer Greenpower Motor Company has filed with the SEC regarding its initial public offering.
New CEO and New Bronco Don’t Help Ford
A new CEO and new rugged sport utility vehicle were meant to show that Ford had renewed its push toward a better future. Yet, neither was really a sign of a change at Ford.