Green Energy Bubble
What We Learned From Speaking With EV Engineers
Last week was a bit of a tough week in the market with the major indices down. Cryptocurrencies continue to make big headlines as major institutions are looking to add them as a part of their portfolios. One of the biggest players, Coinbase, has released the S-1 for their direct listing.
Opendoor (OPEN) reports earnings on Thursday. The guidance given with the secondary offering implies a strong quarter on revenues and homes sold. The trend is most likely up in the short term. We will follow up after the report.
The SPAC train kept on rolling tough. Alex Rodriguez is getting in on the act with what he said will be the “Yankees of SPACs.” Fisker Inc (FSR) announced a deal with Foxconn to make their electric cars. The biggest SPAC deal of the week is Churchill Capital IV agreeing to buy Lucid Motors. Lucid looks poised to be a winner in the EV space.
We take a closer look at Lucid and other EV makers in this month’s Bent Ledger. Our monthly newsletter will be published during the second week of this month. Please click subscribe to get your copy today.
To learn more about what we do, send an email to [email protected].