Tag: Gores Guggenheim Cl A

Finance

EV Newcomer Polestar Stock Has a Big and Wild First Trading Day

06/24/2022
Bitcoin Ethereum News

Text size Thomas Ingenlath, CEO of Polestar AB, will run the new company. Krisztian Bocsi/Bloomberg The merger of the special-purpose acquisition company Gores Guggenheim and the electric-vehicle make...

Finance

Polestar Announces an Electric SUV. It’s a Tesla Model Y Competitor.

06/07/2022
Bitcoin Ethereum News

Text size Polestar CEO Thomas Ingenlath with the Precept concept car. Polestar photo Polestar, the electric-vehicle start-up born from Volvo, has a new SUV model. The news likely will give shares of t...

Finance

Many EV Startups Need More Cash. Rivian Isn’t One of Them.

05/09/2022
Bitcoin Ethereum News

Text size Door panels at Rivian’s assembly plant. Courtesy Rivian Trading in shares of electric vehicle start-up Rivian Automotive is starting to make no sense. The stock was down almost 20% Mon...

Finance

Stick With Tesla Stock Even if Wall Street Is More Bullish on Other EV Names

03/17/2022
Bitcoin Ethereum News

Text size A Lucid Air. Courtesy Lucid Motors Electric-vehicle stocks have been, well, horrible so far in 2022. Barron’s tracks about 20 EV makers from around the globe. That group overall has given up...

Finance

Tesla, EV Stock Valuations Make No Sense. Time to Recalibrate.

03/17/2022
Bitcoin Ethereum News

Text size A man plugs in his electric vehicle for charging Jacques Demarthon/AFP via Getty Images Wild trading, due to a plethora of issues, has made it nearly impossible to track valuation of electri...