The Latest Breaking News from Auto Vehicle Manufacturers

1 EV Stock You Don't Want to Ride With

Shares of Lordstown Motors (RIDE) have declined more than 59% year-to-date on concerns over supply chain issues and rising raw material costs. While the company has finally started production, it is crawling and is far behind its 500-vehicle target by the end of this year. Given the rising competition within…

StockNews.com · Nov 22, 2022

1 Pitiful EV Stock to Sell Before 2022 Ends

Mullen Automotive (MULN) shares have fallen 97.9% from their 52-week high amid the uncertain macroeconomic environment. While solid EV demand and favorable government incentives are significant tailwinds for the industry, the company is expected to struggle further amid high inflation, supply chain issues, rising raw material costs, and stiff competition.…

StockNews.com · Nov 11, 2022

4 EV Stocks You Shouldn't Touch With a 10-Foot Pole

The EV industry has witnessed stupendous growth over the past few years thanks to technological advancements, growing acceptance, and government incentives. However, the industry has been plagued by high inflation, supply chain disruptions, rising raw material costs, and the semiconductor chip shortage. Given these factors, investors should stay away from…

StockNews.com · Nov 8, 2022

3 Auto Stocks Investors Should Buy Over Tesla This Fall

The automotive industry is expected to witness solid growth in the long run, driven by sustained demand, increased adoption of electric vehicles, and supportive federal policies. Electric vehicle (EV) giant Tesla (TSLA) has witnessed a steady downtrend this year on several concerns. Therefore, it could be wise to invest in…

StockNews.com · Oct 21, 2022

MULN Stock: Don’t Get Tempted by This Stock’s Low Price

Electric vehicle company Mullen Automotive (MULN) has lost more than 90% this year and is currently trading at lower than 50 cents. However, it might not be wise to get tempted by the low price and invest in the stock due to its weak fundamentals. Read on….

StockNews.com · Oct 21, 2022

Rising Inflation Keeps Pushing This EV Stock Further off the Road

Electric Vehicle (EV) maker Lucid Group (LCID) failed to translate its top-line growth to bottom-line improvement in the second quarter of fiscal 2022. While the company mentioned strong demand for its offerings, chip shortage, material price inflation, and supply chain challenges might weigh on its growth prospects. Shares of LCID…

StockNews.com · Oct 19, 2022

5 Heavily Shorted Meme Stocks to Avoid Right Now

The major market indexes’ consistent downtrend has significantly benefited short-sellers. As the market is expected to remain under pressure on rising recession odds, it could be wise for investors looking to bottom fish to stay away from heavily shorted stocks Rivian Automotive (RIVN), Lucid (LCID), Teladoc Health (TDOC), Warby Parker…

StockNews.com · Oct 18, 2022

1 Popular EV Stock Insiders Are Selling Right Now

Electric vehicle company Mullen Automotive’s (MULN) CEO has sold its shares on seven separate occasions this year, with total shares sold counting to more than 2 million. Moreover, MULN has declined substantially over the past month. Let’s discuss this stock in detail….

StockNews.com · Oct 14, 2022

1 EV Stock Investors Should Leave in the Lot

Electric Vehicle (EV) stock Faraday Future Intelligent Electric (FFIE) has lost more than 80% this year, indicating bearish investors’ sentiments. And considering its bleak fundamentals, the stock could witness further declines. Thus, this EV stock might be best avoided. Keep reading….

StockNews.com · Sep 28, 2022

Should you Buy This Most Active Stock on Wall Street?

Popular automaker Ford Motor (F) recently saw substantial trading volume. The company handily beat earnings and revenue estimates in the previous quarter. Recently, F revealed that it expects its costs to rise significantly. So, will it be wise to buy the stock now? Let’s discuss….

StockNews.com · Sep 28, 2022