EV startups set to extend blistering rally
Jun 16th 2023 at 8:26AMMotors were set on Friday to extend a blistering rally in their shares that has put the cash-strapped companies on track for hefty weekly gains.
For instance Nikola, which has more than doubled in value this week, has a short interest of 15.7%, according to Refinitiv. Other big gainers such as Lordstown and Workhorse Group have short interests of 15.2% and 24.3%, respectively. The surge could help Nikola overcome the risk of being delisted. The company late in May received a notice from Nasdaq as its share price had been below the $1 minimum level for the past 30 days.
Nikola's stock has a 12-month forward price-to-sales ratio of 3.21, compared with Workhorse's 1.38 and Tesla's 7.23.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Lordstown Motors Considering Suing Foxconn Over Funding IssuesLordstown Motors, the EV startup that developed the Endurance all-electric pickup, plans to take legal action against investor Foxconn to ensure that the Taiwanese firm completes its planned purchase of nearly 10 percent of the EV maker’s shares.
続きを読む »
Nikola Jokic Drops F-Bombs At Nuggets Rally, 'Best Day Of My F***ing Life'Nikola Jokic provided some quality entertainment following the parade ... getting behind the mic at the rally and proclaiming Thursday was 'the best day of my f***ing life.'
続きを読む »
Toyota shareholders reject proposal demanding it do better on fighting climate change - AutoblogAkademikerPension, a $20 billion Danish investment fund, accused Toyota of lobbying to weaken efforts by governments around the world to phase out the internal combustion engine.
続きを読む »
Ford will take on Dakar this January with Ranger - AutoblogFor the first time, Ford Performance as a global organization is taking on Dakar with the Ford Ranger. This first run will be a learning experience.
続きを読む »
One thing every car brand does really well - AutoblogHere's one thing every car brand does that's laudable ... well, with a couple of sarcastic exceptions.
続きを読む »
Lexus LC500 Edge launches in Japan for 60 lucky customers - AutoblogLexus launches the LC500 Edge, a 60-unit limited-run of the flagship luxury coupe that features exclusive aerodynamic, suspension, and color options.
続きを読む »