Faraday Future Reacts to Stock Price Crash, Teases Strategy Update
Written by Cláudio Afonso | LinkedIn | X In reaction to a tumble that reached 40 percent during pre-market trading on early Wednesday, the electric vehicle maker Faraday Future issued a new statement...
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Hundreds of Fisker Oceans Accumulate in California Storage Lot [Video]
Written by Cláudio Afonso |LinkedIn | X An increasing number of Fisker Ocean electric SUVs have been observed accumulating in a storage lot at the San Diego port, sparking concerns about potential...
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Rivian’s Plant Packed with 2025 Rivian R1S Units as Launch Approaches
Written by Cláudio Afonso | LinkedIn | X Rivian‘s factory in Normal, Illinois, is currently filled with the 2025 Rivian R1S in its final form, devoid of any testing wraps. As of today, the official...
View ArticleLucid Partners with Eviq to Co-Develop Charging Stations Across Saudi Arabia
Written by Cláudio Afonso | LinkedIn | X The EV maker Lucid Motors announced on Wednesday that signed a strategic agreement with EVIQ to collaborate in developing public high-speed charging...
View ArticleFisker Slashes Workforce in Major Layoff Round
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Fisker implemented a new round of layoffs on Wednesday across several teams. Multiple employees confirmed that they had abruptly lost...
View ArticleRivian: Soros Fund Management Invests $154M in Convertible Notes
Written by Cláudio Afonso | LinkedIn | X Billionaire George Soros’ investment firm, Soros Fund Management LLC, has added $154.16 million in principal amount of Rivian‘s 4.625 percent convertible notes...
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Exclusive: Nio to Launch Flagship SUV EL8 in Europe on June 13
Written by Cláudio Afonso | LinkedIn | X Electric vehicle manufacturer Nio is preparing to expand its European lineup with the introduction of its flagship sport utility vehicle, the EL8, originally...
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Tesla Speeds Up Launch Full Self Driving in China Planned for Later This...
Written by Cláudio Afonso | LinkedIn | X Tesla is preparing to register its ‘Full Self-Driving’ software with authorities in China as the launch of the software in the country gets closer. The company...
View ArticleFaraday Future CEO Addresses Shareholders: Stock Dilution and Bankruptcy [Video]
Written by Cláudio Afonso | LinkedIn | X The chief executive of the electric vehicle startup Faraday Future Matthias Aydt shared on Thursday a message to shareholders clarifying the most asked...
View ArticleRivian CEO Expects “Messy” Q2, Promises Improved Q3 After Cost Saving Measures
Written by Cláudio Afonso | LinkedIn | X Rivian CEO RJ Scaringe attended on Wednesday the Bernstein’s Annual Conference in New York where he discussed the upcoming refreshed R1S and R1T models, the...
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Rivian R3 Will Be Priced At “Mid to High $30,000s”, CEO Says
Written by Cláudio Afonso | LinkedIn | X Rivian CEO RJ Scaringe attended on Wednesday the Bernstein’s Annual Conference in New York where he revealed that the R3, expected to be launched in early...
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Nio Hints 20,000 Deliveries in May
Written by Cláudio Afonso | LinkedIn | X The electric vehicle maker Nio is currently live streaming from one of its delivery centers in China. On the last day of May, the company promoted the broadcast...
View ArticleFaraday Future Stock Rebounds After a 91% Crash in 8 Days
Written by Cláudio Afonso | LinkedIn | X Shares of the electric vehicle startup Faraday Future are currently trading 19 percent higher during the pre-market session on Friday. On May 17, the stock...
View ArticleFisker Extends Major Layoff to its Canada Operations as Concerns Persist
Written by Cláudio Afonso | LinkedIn | X A few hours after announcing to U.S. employees about a major workforce reduction on Thursday, the electric vehicle startup Fisker extended the downsizing to its...
View ArticleTesla Cuts Prices in Denmark, Offering Discounts of up to $4,400
Written by Cláudio Afonso | LinkedIn | X The electric vehicle maker Tesla has cut this Friday the prices of almost all its models in Denmark with discounts ranging between 10,000 to 35,000 Danish...
View ArticlePolestar CEO Says Annual Report and Q1 Earnings Will be Published in 4 Weeks
Written by Cláudio Afonso | LinkedIn | X Geely‘s electric vehicle brand Polestar has been facing intense pressure amid missed deadlines with the Securities and Exchange Commission as its stock reached...
View ArticleNIO Power Secures $232 Million Investment from Local Fund
Written by Cláudio Afonso | LinkedIn | X The electric vehicle maker Nio announced on Friday that has secured a significant strategic investment of 1.5 billion rmb (approximately $232.56 million) for...
View ArticleRivian’s AI Potential Rivals Tesla’s, Morgan Stanley Says
Written by Cláudio Afonso | LinkedIn | X Rivian chief executive RJ Scaringe flew to New York earlier this week to attend on Wednesday the Bernstein’s Annual Conference where he revealed that the R3,...
View ArticleFaraday Future Founder Attacks “Malicious” Short Sellers, “Biased Media”
Written by Cláudio Afonso | LinkedIn | X On Friday, as the stock price of the electric vehicle startup Faraday Future, sets to recover part of the losses from earlier this week, YT Jia, the Founder and...
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Fisker Relocates Belgian Operations to the Netherlands
Written by Cláudio Afonso | LinkedIn | X In an email sent this Friday to all its customers in Belgium, the electric vehicle brand Fisker announced that its Fisker Center+ in Rumst will be shutdown from...
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