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Fisker bailout deal falls through as it faces delisting from the stock market

Teslarati

Struggling electric vehicle (EV) maker Fisker has lost the opportunity for a financial bailout from a larger automaker, while the company’s stock price has also plummeted far enough to halt trading and initiate delisting procedures. This year alone, the company’s shares have fallen by over 90 percent of their value.

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Tesla stock pops on Rivian deal, continuing surge toward $1T market cap

Teslarati

Tesla stock ( NASDAQ: TSLA ) popped more than 3 percent on Tuesday after news of its collaboration with Rivian ( NASDAQ: RIVN ), which will see the latter automaker adopt the former’s North American Charging Standard (NACS) for its vehicles. Tesla shares popped over 3 percent on the news as of midday trading.

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. Say what you will about Tesla stock, but over the past year, the one thing it has been, is volatile. MBG stock chart by TradingView. P911 stock chart by TradingView.

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Elon Musk tells Tesla employees to not be ‘bothered by stock market craziness’

Electrek

Elon Musk told Tesla employees in a new email that they should “not be too bothered by stock market craziness” even though the price has been in free fall for the last year. The post Elon Musk tells Tesla employees to not be ‘bothered by stock market craziness’ appeared first on Electrek.

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VinFast completes SPAC merger, will begin trading on Nasdaq stock market August 15

Electrek

VinFast has leaped over its very last hurdle, a formality at the very least, to finalize its SPAC Merger with Black Spade Acquisition Company and list on the Nasdaq stock market. All is officially complete, enabling VinFast’s new ticker symbols to begin scrolling tomorrow.

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U.S. Congressmen buy Tesla stock in October despite market downturn

Teslarati

Congressmen have been buying up Tesla stock consistently over the past three months despite current stock fluctuations. Legislative leaders are required to publish stock trades, and the website, CapitolTrades , now publishes them publically. remain moderately bullish, purchasing the stock far more than selling generally.

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EV maker Vinfast stuns on stock market debut, worth more than Ford and VW

The Driven EV News

Vietnamese EV start-up Vinfast ends its first days on the Nasdaq stock exchange with a stunning $US65 billion that makes it worth more than GM, Ford or VW. The post EV maker Vinfast stuns on stock market debut, worth more than Ford and VW appeared first on The Driven.

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