According to a report by Bloomberg News on Monday, Nikola is currently under investigation by the SEC for false claims brought to light by Hindenburg Research, an activist short-seller research firm, who accused Trevor Milton, founder of Nikola, of fraud related to misinformation on Nikola’s technological capabilities and product offerings. [more]
Stock price doubles in the first week and market cap briefly surpasses Ford with $10B in pre-booked revenue but sales forecasted to start only in 2021. [more]
Tesla Q4/2019 Earnings Beat Consensus Estimate, GM Invests $2.2B into EVs, and UPS buys 10,000 EVs. [more]
Tesla starts EV deliveries at Shanghai facility. General Motors partners with a Korean company to build one of the world’s largest battery plants. Start-up Lordstown Motors plans to launch its electric pick-up truck in 2020. [more]
eResearch is pleased to provide Tech Talk, which is a professional and insightful technical analysis newsletter that comments on interesting chart patterns and pertinent technical action of North American equities. See, also, its sister publication, Equity Clock, also published, with permission, on this website. [more]
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