Tag: stock market

Sep 24, 2020 - 03:32 pm

ChargePoint to enter US stock market

The charging infrastructure provider ChargePoint has announced its IPO. As with Nikola Motor, the IPO will take place through a merger, in this case with the investment firm Switchback Energy Acquisition.

Weiterlesen
Sep 14, 2020 - 12:44 pm

Short-seller Hindenburg tries taking down Nikola

Hindenburg Research raises serious fraud accusations against the prospective electric truck manufacturer Nikola. However, the “research” is anything but neutral, as the company itself has sold Nikola shares short and is thus profiting from any price losses resulting from the paper.

Weiterlesen
Sep 4, 2020 - 03:52 pm

VW partner QuantumScape hits the US stock market

The solid-state battery specialist and Volkswagen partner QuantumScape went public on the US stock exchange. The company has agreed on a merger with the investment company Kensington Capital Acquisition. The shares will be traded on the New York Stock Exchange under the symbol “QS”.

Weiterlesen

– ADVERTISEMENT –



Aug 26, 2020 - 03:23 pm

Byton resumes operations as Shengteng

There is news about the electric car start-up Byton, which has been temporarily suspended since 01 July. Chinese media now report, citing insiders, that the company is ready to resume full operations in September 2020.

Weiterlesen
Aug 12, 2020 - 12:10 pm

Tesla to split stock end of August

Tesla has announced a stock split for 31 August. Shareholders will receive four additional share certificates as dividends for each share. With this, Tesla wants to solve the problem that the own share has become too expensive. The first reaction of the stock exchange: the shares became even more expensive.

Weiterlesen

– ADVERTISEMENT –



Aug 4, 2020 - 10:48 am

Lordstown to hit the stock market

Lordstown Motors plans to go public on the US stock exchange Nasdaq through a merger with the investment company DiamondPeak Holdings. It is not the only American EV startup with such plans.

Weiterlesen
Jun 11, 2020 - 12:55 pm

Tesla stocks rise past 1,000 USD mark

Tesla shares broke through the USD 1,000 mark for the first time on Wednesday. At over 180 billion dollars, this exceeded Toyota’s market capitalisation for the first time. This means that Tesla is currently trading on the stock exchange as the most valuable car manufacturer in the world.

Weiterlesen
Jun 4, 2020 - 05:38 pm

Nikola orders electrolysers from Nel

The US manufacturer Nikola, best known for its plans for fuel cell and battery trucks, has placed an order worth over 30 million dollars with the Norwegian hydrogen specialist Nel for the supply of electrolysers.

Weiterlesen
Mar 12, 2020 - 12:34 pm

First Model Y to be delivered on Friday

The first Tesla Model Y will be delivered on this coming Friday 13 March. Only deliveries to customers on the US West Coast have been announced so far. The company has obviously sped things up, since until now, 15 March was said to be the earliest possible date for delivery.

Weiterlesen
Mar 4, 2020 - 12:20 pm

Nikola becomes Nikola Corporation via VectoIQ merger

Nikola, the US maker of heavy-duty trucks with batteries and hydrogen fuel cells has become a Nasdaq listed company. The quick entry to the stock market was made possible via a merger with the already listed company VectoIQ Acquisition Corporation.

Weiterlesen
Feb 13, 2020 - 05:19 pm

Tesla uses share boost to secure fresh capital

Tesla is taking advantage of the recent rise in its share price and issued new shares to obtain fresh capital. In gross terms, Tesla could raise up to 2.3 billion US dollars including the over-allotment option.

Weiterlesen
Feb 5, 2020 - 01:30 pm

Tesla Gigafactory in Texas?

Tesla plans to build another Gigafactory in the USA, possibly in Texas. Elon Musk indicated his considerations with a post on Twitter and US President Donald Trump had also hinted that Musk would build another factory in the USA.

Weiterlesen
Jan 14, 2020 - 01:06 pm

Tesla distances from German battery production

Tesla does not plan to manufacture lithium-ion cells near Berlin in the first construction phase. This could be due to the tight schedule. Meanwhile, the Tesla Model Y has received certification from the California Air Resources Board (CARB) in the USA.

Weiterlesen
May 2, 2019 - 11:37 pm

Tesla looking to raise $2 billion in fresh capital

Tesla filed for an offering of common stock and convertible notes and indicated that it would raise to 2 billion dollars. $650 million are to come in the form of new equity and the other $1.35 billion in convertible notes. Also, Elon Musk will acquire $10 million in shares.

Weiterlesen
Apr 25, 2019 - 12:59 pm

Restraining order for Tesla

Once again Tesla is caught up in the dealings of speculative short sellers banking on short-term profits. The short sellers are said to have discussed deliberately causing collisions to discredit the EV maker. Tesla also obtained an injunction against a short seller who apparently harassed and stalked employees.

Weiterlesen
Dec 5, 2018 - 11:56 pm

After BMW, Tesla overtakes Daimler on stock exchange

Tesla is climbing ever higher and has now not only overtaken BMW but has also surpassed Daimler in stock market value since shares of the Germans fell. At the moment the Californians rank third among all car manufacturers with only large volume manufacturers Toyota and Volkswagen being ahead.

Weiterlesen
Nov 8, 2018 - 01:57 pm

Govecs postpones planned stock launch

The electric scooter manufacturer Govecs had initially planned to enter the stock market this fall, but the move has now been postponed. In their press the company cited the reasons behind the delay as being “due to the currently difficult capital market environment.”

Weiterlesen
Sep 30, 2018 - 01:01 pm

Elon Musk steps down as chairman of Tesla

A settlement was made in the pending Securities and Exchange Commission (SEC) case against Elon Musk regarding his privatisation tweet – Musk will have to step down from his position as chairman of Tesla for three years and he and Tesla will each pay a $20 million fine.

Weiterlesen
Sep 27, 2018 - 03:59 pm

BYD expands e-bus factory in Lancaster

BYD has again expanded their electric bus factory in the Californian Lancaster. Another five million dollars will flow into the newly completed 9,290 m² depot, which will bring the total investment cost for the facility to more than 53 million dollars.

Weiterlesen
Aug 27, 2018 - 03:58 pm

Volkswagen investment plans blocked by Tesla

Volkswagen reportedly intended to invest 30 billion dollars in Tesla together with other investors including Silver Lake. This venture was blocked by Musk, however, as this would have provided VW with too much influence over the EV brand.

Weiterlesen
Aug 26, 2018 - 06:59 pm

Tesla to remain listed on stock exchange

Tesla will not be taken private, says Tesla CEO Elon Musk who had planned to privatise the company. Rather than removing it from the stock market, it will now remain listed. Powerful investors had managed to change the mind of the Tesla CEO.

Weiterlesen
Found on electrive.com
https://www.electrive.com/2020/09/24/chargepoint-to-enter-us-stock-market/
24.09.2020 15:57