|Bid||5.03 x 27000|
|Ask||5.04 x 3000|
|Day's range||4.96 - 5.22|
|52-week range||4.76 - 31.57|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||11 Aug 2021 - 16 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||6.86|
Kroll, who has previously served as an investment banker at JP Morgan with a focus on the automotive industry, will assume his new role on Oct. 25. Lordstown and fellow EV maker Nikola, both of which went public via acquisitions by special-purpose acquisition companies (SPAC), have become a target of short-seller Hindenburg. In June, Lordstown founder and CEO Steve Burns and CFO Julio Rodriguez resigned.
Now that struggling electric vehicle manufacturer Lordstown Motors (NASDAQ: RIDE) has sold most of its Lordstown factory in Ohio to Taiwanese electronics manufacturer Foxconn (OTC: FXCNF), the question arises whether Foxconn is a viable partner for the EV maker's strategy. Foxconn, after all, previously planned a $10 billion facility in Mount Pleasant, Wisconsin, in 2018. Investors may be wondering if the same thing will happen with the Lordstown Complex plant, but there are at least some indications the outcome will be more positive here.
Is it time to go bearish on Tesla's stock? This analyst tells Yahoo Finance Live YES.