The Latest Breaking News from RIDE

Lucid Group (LCID) and Lordstown Motors (RIDE) continued to make big moves off low bases Thursday in a busy week for EV stocks of startup companies. Saudi Arabia's Public Investment Fund (PIF), Lucid's majority shareholder, plowed $1.8 billion more into Lucid shares, a filing revealed Tuesday. That news came a…

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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.

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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…

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