June 8, 2022
Via: The Wall Street JournalThe chief executives of electric-vehicle startups Lucid LCID -0.99%▼ Group Inc. and Rivian RIVN 2.55%▲ Automotive Inc. each received pay packages last year valued at over $400 million, as both companies raced to public markets and increased production in the […]
Industry Focus Areas, Motorized Vehicle
May 14, 2021
Via: Transport TopicsAt their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal. Three of the companies plumbed new lows this week as short-seller attacks, […]
Industry Focus Areas, Motorized Vehicle
March 15, 2021
Via: The Wall Street JournalIt took Google eight years to reach $10 billion in sales, the fastest ever for a U.S. startup. In the current SPAC frenzy, a spate of electric-vehicle companies planning listings are vowing to beat its record—in some cases by several […]
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