Latest News Updates From Ed Ludlow

BusinessTechnologyFuel

Nikola Postpones Forum Where Electric Pickup Was to Debut

Nikola Corp. is rescheduling its in-person Nikola World conference, where it was planning to show its electric pickup truck, as the company regroups in the wake of a stock sell-off and the departure of its chairman.

September 30, 2020
BusinessTechnologyFuelTop 50Top 100

Nikola Issues Fuller Denial of Short Seller Hindenburg’s Claims

Nikola Corp. made a fuller-throated denial of a report last week that claimed the electric-truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions.

September 14, 2020
BusinessTechnologyFuelAutonomous

Tesla Splits Stock to Make Lofty Shares Attainable Again

Tesla Inc. is splitting its richly valued shares in a 5-for-1 exchange, a move designed to make the stock less expensive for individual investors after the company became the world’s most valuable automaker.

August 12, 2020
BusinessTechnologyFuel

Electric Car Startup Fisker Misses Deadline for Supply Deal With VW

Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.

July 31, 2020
BusinessTechnologyFuel

Nikola Breaks Ground on Arizona Plant

Nikola Corp. broke ground July 23 on a new electric-truck factory in Coolidge, Ariz., that it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.

July 23, 2020
BusinessSafety

N.Y. Auto Show Likely to Be Delayed to August Because of Virus

The annual New York auto show probably will be pushed back to August from April due to the coronavirus.

March 10, 2020