Text size The Canoo is aimed at young professionals interested in a subscription model. Courtesy Canoo Yet another company with electric cars is publicly traded through a purchase through a special purpose purchase company, or SPAC. This time it’s the Hennessy Capital Acquisition that buys Canoo. Canoo is a self-described …
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Text size Fisker Inc., a new maker of electric vehicles, will announce a merger with a SPAC. The company may be new, but its founder and namesake Henrik Fisker designed the BMW Z8 and Aston Martin V8 Vantage. He has high hopes for electric vehicles and some innovative ideas. Simon …
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Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
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Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
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Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
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