The Latest Breaking News from RIDE

Once attracting intense interest for its commercial EV ambitions, the lights may go out on Lordstown Motors as RIDE stock crumbles badly.

SEATTLE — When the new Bumbershoot crew put their first arty foot forward last month, outlining plans to make the long-running festival about more than music again, it was meant as a statement. But Steven Severin, a Seattle concert promoter who co-owns Neumos and has thrown shows in this town…

MINNEAPOLIS — He was part of the music scene made famous by the movie and book "24 Hour Party People," but Tim Burgess is maybe best-known these days as the host of an entirely different kind of party.

While the Fed’s rate hikes and a slowing economy have kept sales under pressure, rising tensions between the US and China might cause further disruptions in the EV industry. Hence, fundamentally weak stocks NIO (NIO), Nikola (NKLA), and Lordstown Motors (RIDE) might be best avoided now. Keep reading.

The legendary disc jockey is urging music lovers to find the shows they'll be bragging for years during Independent Venue Week.

Rising interest rates and high prices are hampering auto sales as borrowing costs continue to rise. As the industry could remain in a tough spot next year as well, fundamentally weak stocks, Canoo (GOEV), Lordstown Motors (RIDE), Faraday Future Intelligent Electric (FFIE), and NIO (NIO) might be best avoided. Read…

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…

Have you something to ask the singer, guitarist, producer, DJ and all-round hero of British rock? Before going blank again, send it our way and we’ll put it to him

The south London concert series is back

Lordstown Motors Corp (NASDAQ:RIDE) reported a first-quarter FY22 loss per share of $(0.46), in line with the consensus of $(0.46) and against a loss of $(0.72) last year. The total operating expenses declined 17.3% Y/Y to $87.9 million. The operating loss incurred for the quarter was $(87.88) million versus $(106.21) million last…

Lordstown Motors Corp (NASDAQ:RIDE) agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, Bloomberg reports. The struggling EV startup needs to repay Foxconn if the deal does not close by May 14. Foxconn acknowledged that the two sides were still negotiating…