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The Latest Breaking News from RIDE

4 Auto Stocks You Don’t Want to Ride Into 2023 With

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…

StockNews.com

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

Post your questions for Ride’s Andy Bell

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 Guardian - UK

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South Facing festival: Tickets, line-ups and more as concert series returns to Crystal Palace Bowl

The south London concert series is back

Evening Standard

Why Lordstown Motors Shares Are Sliding Today

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…

Benzinga

Lordstown, Foxconn Postponed Ohio Factory Sale Deadline

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…

Benzinga

Cenntro Electric Group vs. Lordstown Motors: Which EV Stock is a Better Buy?

Today I'll analyze and compare Cenntro Electric Group (CENN) and Lordstown Motors (RIDE) to determine which EV stock is currently a better buy.

StockNews.com

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Lordstown Motors Stock Slides Post Q4 Results; Reaffirms Q3'22 Target For Endurance Sales

Lordstown Motors Corp (NASDAQ:RIDE) reported a fourth-quarter FY21 loss per share of $(0.42), beating the consensus of $(0.73). The total operating expenses rose 120.7% Y/Y to $84.6 million. The operating loss incurred for the quarter was $(84.66) million versus $(38.35) million last year. The company held $244 million in cash and equivalents…

Benzinga

3 Electric Vehicle Stocks Outperforming the Market in 2022

The EV industry is expected to deliver solid growth this year, supported by robust government funding and strong demand. With countries worldwide focusing on reducing their carbon footprints, the EV industry’s prospects look bright. So, let’s take a closer look at EV stocks Proterra (PTRA), Lordstown Motors (RIDE), and Kandi…

StockNews.com

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