Fisker shares down Q3 earnings material weakness

Fisker Inc. officially revealed the Fisker Ocean all-electric luxury crossover at CES 2020 in Las Vegas.­­­Shares of electric-vehicle startup Fisker are sinking in premarket trading Tuesday following a disappointing earnings report and a regulatory filing that raised concerns about the company's previous financial statements.Shares were down more than 17%...

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Polestar PSNY Q3 2023 earnings

A Polestar 4 electric SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in Shanghai, China.Vcg | Visual China Group | Getty ImagesSwedish electric vehicle maker Polestar on Wednesday cut its longstanding 2025 deliveries...

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Ferrari (RACE) Q3 2023 earnings

The Ferrari original factory entrance.Courtesy: FerrariFerrari on Thursday said its third-quarter profit jumped 46% from a year ago as its wealthy customers continued to choose expensive "personalization" options for their new cars.As it did last quarter, Ferrari again boosted its guidance for the full year following the results.Ferrari now...

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Nikola NKLA Q3 2023 earnings

Nikola TRE FCEV2Courtesy: NikolaElectric truck maker Nikola said Thursday that it has received nearly 300 orders for its new hydrogen fuel cell semitruck – but it's facing what will be a costly recall of its earlier battery-electric trucks.Nikola recalled all of its Tre battery-electric trucks, 209 in total, in...

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Ford will postpone about $12 billion in EV investment

Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker's Ford Rouge Electric Vehicle Center (REVC).Michael Wayland | CNBCAs a result, it's postponing about $12 billion in planned spending on new EV manufacturing capacity.Customers' reluctance to pay extra for EVs has complicated Ford's ambitious...

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