|Bid||2.5200 x 800|
|Ask||2.6300 x 1100|
|Day's Range||2.5300 - 2.7600|
|52 Week Range||0.9000 - 7.4800|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.00|
VANCOUVER, British Columbia, May 07, 2019 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric.
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that the Company has received approval to participate in the Clean Vehicle Rebate Project, which will provide consumers who purchase a new SOLO EV in California with a $900 per vehicle rebate. The Clean Vehicle Rebate Project (CVRP) promotes clean vehicle adoption by offering rebates for the purchase or lease of new, eligible zero-emission vehicles.
Earlier this week Daimler (DDAIF) announced it is ending sales of its all-electric Smart cars in the U.S. and Canada, where the small but snappy brand struggled to find traction with consumers more enamored of larger vehicles. The Smart car's struggles haven't deterred Electra Meccanica, a Canadian manufacturer that is betting North Americans will sign on to its mini EV, a single-seat electric vehicle dubbed the Solo. Eighty three percent of commuters drive to work by themselves, typically in four-person cars for a commute that averages 40 miles or less, said Lorenzo Caprilli, Electra's senior vice president of sales and marketing.
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, has been awarded a patent in China by the National Intellectual Property Administration for the design of its proprietary battery cartridge. The patent, Chinese Design No. ZL 201830277724.X, is valid for 10 years from the filing date and covers Electra Meccanica’s proprietary battery cartridge design that is an integral feature underlying the Company’s flagship SOLO EV.
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that the Company will showcase the breakthrough SOLO single-passenger EV at the 2019 Advanced Clean Transportation (ACT) EXPO in Long Beach, California on April 23-26th, 2019.
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, has signed a multi-year promotional program with Denver, CO-based Apollo Brands LLC™ (Apollo), makers of Apollo Energy Gum™ and other specialty brands. The promotional program will involve the use of Electra Meccanica’s SOLO single-passenger EVs to be used for the distribution of Apollo’s products to their retail partners throughout Denver, Boulder and much of the Front Range region. The emissions-free electric vehicles are perfectly aligned with Apollo’s commitment to sustainability and the environment and showcases Electra Meccanica’s increasing adoption for small-profile delivery purposes in a wide range of industries.
VANCOUVER, British Columbia, April 01, 2019 -- ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) ("Electra Meccanica" or the "Company"), a designer and manufacturer of electric.
VANCOUVER, British Columbia, March 27, 2019 -- Electra Meccanica Vehicles Corp. (NASDAQ: SOLO; SOLOW) (“Electra Meccanica” or the “Company”), a designer and manufacturer of.
ElectraMeccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or, the “Company”), a designer and manufacturer of electric vehicles, today announced it has entered into purchase agreements for the purchase of an aggregate of 3,333,334 common shares of the Company (the “Common Shares”) at an offering price of $3.60 per Common Share for aggregate gross proceeds of $12.0 million before placement agent fees and other offering expenses. Electra Meccanica intends to use the net proceeds from this offering to further design and development the Company’s two-seater sports car, for the production of the SOLO and for working capital and for general corporate purposes.
VANCOUVER, British Columbia, March 18, 2019 -- Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric.
LOS ANGELES, CA / ACCESSWIRE / March 12 , 2019 / LD Micro, a company that puts on conferences for micro-cap and small-cap companies will be hosting 46 companies on March 12th (that's today) and 13th, starting ...
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, today appointed Joanne Yan to the Electra Meccanica Board of Directors. Ms. Yan replaces Dr. Robert Tarzwell, who has resigned as a Director of the Company. “Dr. Tarzwell joined our Company’s Board of Directors in 2015.
VANCOUVER, British Columbia, March 07, 2019 -- Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric.
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that management will attend the ROTH Conference in The Ritz-Carlton, Laguna Niguel in Dana Point, California on Tuesday, March 19, 2019. Electra Meccanica management will hold one-on-one meetings with investors throughout the conference and speak on an industry panel. In addition, the Company will showcase a 2019 SOLO EV at the conference for interested investors.
Electra Meccanica Vehicles Corp. (SOLO) (“Electra Meccanica” or the “Company”), a designer and manufacturer of electric vehicles, held a grand opening ceremony of the Zongshen SOLO EV production facility in Chongqing, China on Friday, February 22, 2019. Initial production of the SOLO EV is currently underway at the facility. An update video of the high-volume Zongshen factory can be accessed here.
So far in 2019, Tesla (TSLA) stock has been extremely volatile, trading in a wide rage and making very little progress overall. Amid more of TSLA stock's trademark trading action, the company itself is in the midst of a critical transformation that will completely redirect investors' bull thesis this year.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsTesla may have made it through the growing pains of Model 3 "production hell" in 2018. But now that it has somewhat hit its stride in ramping up production, the electric carmaker will need to prove to investors that there's a big enough market for the Model 3 to justify TSLA stock's sky-high valuation. Next Frontier For Tesla StockWedbush Securities analyst Daniel Ives says the 50% cut in U.S. electric vehicle tax credits in 2019 will likely weigh on Model 3 demand. In January, Tesla cut prices on all models by $2,000 to partially offset the reduced tax credit. The company subsequently cut prices for the Model 3 by another $1,100 following the end of its customer referral program.It remains to be seen how big of an impact the tax credit will have on Tesla's U.S. demand. In the meantime, Ives says Europe is a major test for Tesla."With the U.S. EV tax credit getting cut by 50% to $3,750 and then again to $1,875 on July 1, the Tesla demand story in 1H19 has clearly shifted from the U.S. to Europe as pent-up Model 3 demand in the region will be the major swing factor for the stock in the near-term," Ives recently advised clients. * 7 Healthy Dividend Stocks to Buy for Extra Stability Ives says China and Europe will be proving grounds for Tesla. The company has famously had a number of logistical and production stumbles in the U.S. He says Tesla stock will be "show me" shares as its U.S. narrative shifts from production to demand and margins in the near-term. The Good News …The most bullish news for Tesla investors from the fourth-quarter report is that Tesla is not strapped for cash, for now. Tesla reported $910 million in free cash flow in Q4 and ended the period with a cash balance of $3.7 billion. In addition, Tesla said it is paying for its Shanghai Gigafactory using low-cost debt from local Chinese banks. That's good news for investors concerned about headline risk related to a potential U.S. equity offering in the near-term. Investors are certainly paying attention to the carmaker's financial health. Tesla stock tanked to as low as $279 in January after the company missed Q4 delivery expectations and announced it was laying off 7% of its workforce. TSLA stock subsequently bounced back as high as $324 in the weeks that followed. The bullish move came after Q4 earnings showed the company is not in a near-term cash crunch. The cash situation is especially reassuring for investors after CEO Elon Musk admitted in a recent interview that Tesla was within weeks of bankruptcy last year. … and the Bad NewsThe bad news for investors is that Tesla is entering uncharted territory when it comes to mass market demand. The company has had tremendous success with its luxury vehicles and has established a loyal base of satisfied customers. However, it has yet to come anywhere close to its low-end Model 3 target price of $35,000. The recent $1,100 price cut dropped the base cost of the Model 3 to $42,900. The average sales price for new U.S. vehicles is currently around $37,500, but that number is heavily influenced by pricey truck and SUV sales. * 7 Financial Stocks With Accelerating Growth Bulls say the Model 3's mass appeal will drive Tesla's long-term growth story. But as the Model 3's prices drop, Tesla's margins will fall as well. At the same time, legacy automakers are investing heavily in EV technology and startups like Rivian and Electrameccanica Vehicles (NASDAQ:SOLO) are gunning for Tesla's market share. Tesla Has a Lot to ProveThe first thing Tesla will need to prove is that there is mass market demand for the Model 3. Europe and China should play a large role in that thesis in 2019. The second thing Tesla will need to prove is that it can meet that demand at a reasonable margin. If not, Tesla's business will ultimately look a lot like low-margin operations of Ford (NYSE:F) and General Motors (NYSE:GM). The only difference among the three stocks would be that TSLA stock trades at 2.4 times sales. Ford and GM shares both trade below 0.4 times sales.There's no question 2018 was a volatile and unpredictable year full of challenges for Tesla and its investors. Tesla stock bulls think the most difficult part of Tesla's maturation process is behind them. They may be in for a rude awakening in the next several months.As of this writing, Wayne Duggan held no positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post Europe Presents Tesla Stock With Next Big Challenge appeared first on InvestorPlace.
Canadian carmaker Electra Meccanica says it's going after one big market -- or maybe three. Watch the video to find out how.
Investorideas.com, a global investor news source covering the tech sector, looks at the future of transportation as autonomous vehicles, electric cars, smart cars and advanced tracking technology all become the new norm, thanks to innovation from AI, blockchain and other technologies. You can’t talk about the future of transportation without naming Tesla Inc. (NASDAQ:TSLA), founded in 2003 by visionary Elon Musk, who is also looking at a whole new level of transportation with SpaceX. In the Tesla Fourth Quarter & Full Year 2018 Update in January they reported, ”In the past two years, Tesla vehicles have accounted for all of the electric vehicle (EV) volume growth in the US.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The big shareholder groups in Electrameccanica VehiclesRead More...
HENDERSON, NV / ACCESSWIRE / February 15, 2019 / Below are a few of the hottest plays on the market right now. There's still time to make money on them so do your due diligence immediately. The first company ...
DALLAS, Feb. 14, 2019 -- via OTC PR WIRE -- Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced targeting the acquisition of a shuttered start-up electric car.
Electrameccanica Vehicles Corp (NASDAQ: SOLO) is the latest example of the powerful market combination of a low float and high trading volume. Electra Meccanica is one of a number of low-float stocks that have experienced major short-term rallies on little or no news in recent quarters. When shares start to rise, a flood of momentum traders coupled with a limited float can lead to parabolic spikes in share price.