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 …
Read More »Airlines face continuing uncertainty about Covid-19. Wall Street is of two minds.
Text size Two analysts covering Southwest Airlines took two different tacks on the action, with one analyst raising the target price and the other lowering the equivalent of Hold. However, in the era of the coronavirus pandemic, Southwest has been one of the toughest airline stocks. Ethan Miller / Getty …
Read More »Why might NIO, Tesla, and other EV actions be in bubble territory?
Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
Read More »Tesla’s shares exceed $ 1,000 in leaked email. It could join the S&P 500 soon.
Text size Breaking even seems possible for the second quarter, according to a leaked email from Tesla CEO Elon Musk. That is fueling a mini rally in Tesla stocks. A big enough profit in the second quarter could cause Tesla shares to join the S&P 500. Sean Gallup / Getty …
Read More »Ford released a new F-150, but the Lordstown EV pickup got love. This is why.
Text size Interestingly, the launch of an electric vehicle pickup from a no-sales company surpassed the latest release of Ford’s best-selling vehicle in the United States. Growth is the reason. Courtesy of Ford. Private electric vehicle company Lordstown Motor presented its new truck, the Endurance, at a major event in …
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