Electric vehicle manufacturers like Lucid, Lordstown Motors and Faraday Future were big winners of the stock boom two years ago. Now all three companies’ shares have fallen dramatically.
(Reuters) -EV startup Fisker warned on Thursday it might not be able to continue as a going concern and its shares tumbled 35% after the stock market closed. Fisker said it would cut its workforce ...
Fisker shares skid nearly 40% on Friday after the electric-vehicle startup flagged going-concern risks, saying it would cut its workforce by 15% and pause investments in future projects until it ...
Electric vehicle startup Lucid Group plans to open a research and development office in Southfield and create at least 262 new jobs. The EV maker, headquartered in Silicon Valley, has said it ...
Lucid Motors’ plan to invest $10 million and create up to 262 jobs in Southfield will be supported by a $6 million state grant. The Michigan Strategic Fund board approved Tuesday the performance ...
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch ...
Good morning! It’s Friday, March 1, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories ...
Feb 29 (Reuters) - EV startup Fisker (FSR.N), opens new tab warned on Thursday it might not be able to continue as a going concern and its shares tumbled 35% after the stock market closed.