The financial health and growth prospects of SOLO, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Similarly, Will SOLO stock rise?
Given the current short-term trend, the stock is expected to rise 5.67% during the next 3 months and, with a 90% probability hold a price between $1.85 and $2.55 at the end of this 3-month period.
What is the price target for SOLO? Stock Price Target SOLO
| High | $ 17.56 |
|---|---|
| Median | $ 13.17 |
| Low | $ 8.79 |
| Average | $ 13.17 |
| Current Price | $ 1.94 |
Thereof, What is the future of ElectraMeccanica?
At CES 2022, ElectraMeccanica will showcase three SOLO EV variants, including an all-new, conceptual refresh of its flagship, single-seat SOLO EV. Refreshed elements – such as a redesign of the vehicle’s dashboard – were added to improve and optimize overall driver experience and convenience.
Is SOLO an EV stock?
(SOLO) Stock Price, News, Quote & History – Yahoo Finance.
…
Performance Outlook.
| Market Cap | 228.919M |
|---|---|
| Beta (5Y Monthly) | 2.45 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.3700 |
| Earnings Date | May 11, 2022 – May 16, 2022 |
Is SOLO a Chinese company?
(NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. The company’s flagship vehicle is the innovative purpose built, single-seat electric vehicle called the SOLO.
How many SOLO cars have been sold?
(NASDAQ: SOLO) (“ElectraMeccanica” or the « Company »), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced as of November 30, 2021 the Company has delivered a total of 42 SOLO EVs to reservation and fleet holders.
Who owns SOLO stock?
Top 10 Owners of Electrameccanica Vehicles Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| Invesco Capital Management LLC | 6.70% | 7,950,863 |
| Millennium Management LLC | 1.76% | 2,082,751 |
| SSgA Funds Management, Inc. | 1.23% | 1,460,979 |
| Susquehanna Financial Group LLLP | 0.76% | 904,908 |
What does SOLO company do?
Company Overview
(NASDAQ: SOLO) is a Canadian designer and manufacturer of electric vehicles. The company’s flagship vehicle is the innovative purpose built, single-seat electric vehicle called the SOLO. This vehicle will revolutionize commuting, delivery and shared mobility.
Where is SOLO car made?
(NASDAQ: SOLO) (“ElectraMeccanica” or the « Company »), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced that the 2023 SOLO EV – to be assembled at the Company’s Mesa Manufacturing Facility in Arizona for delivery to the public in late 2022 – is now undergoing …
How fast does a SOLO car go?
The SOLO EV was specifically designed with commuting and deliveries in mind, as its compact size makes it perfect for urban driving conditions. That being said, its 100-mile range and top speed of 80 mph allows for highway travel as well.
Is SOLO car safe?
The SOLO has a range of 100 miles and a top speed of 80 mph, making it safe for highways. The SOLO also features front and rear crumple zones, side impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system.
How safe is the SOLO car?
The SOLO has a range of 100 miles and a top speed of 80 mph, making it safe for highways. The SOLO also features front and rear crumple zones, side impact protection, roll bar, torque-limiting control as well as power steering, power brakes, air conditioning and a Bluetooth entertainment system.
How fast is the SOLO car?
Performance and Speed
The Solo has an 82-horsepower AC synchronous electric motor that generates 128 pound-feet of torque. Perhaps due to its lightweight, it’s faster than some might expect, going 0-60 mph in roughly 10 seconds and topping out at 80 mph.
Who owns the most of Solo stock?
Largest shareholders include Invesco Ltd., PBW – Invesco WilderHill Clean Energy ETF, Millennium Management Llc, State Street Corp, Morgan Stanley, Susquehanna International Group, Llp, HAIL – SPDR S&P Kensho Smart Mobility ETF, Rafferty Asset Management, LLC, MOON – Direxion Moonshot Innovators ETF, and Baird …
Where are SOLO cars made?
The Solo BEV is currently still manufactured in China, where production launched in August last year. Interestingly enough, the vehicles manufactured in China are all destined for the North American market, with the first targeted markets being Southern California, Scottsdale, Arizona and Portland, Oregon.
Is SOLO a Canadian stock?
Electrameccanica Vehicles Corp Ltd is a Canadian designer and manufacturer of environmentally efficient electric vehicles (EVs). The company’s flagship vehicle is the purpose-built, single-seat EV called the SOLO.
How many solo cars have been sold?
(NASDAQ: SOLO) (“ElectraMeccanica” or the « Company »), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced as of November 30, 2021 the Company has delivered a total of 42 SOLO EVs to reservation and fleet holders.
What does a solo car cost?
And they’re getting less expensive, too. The SOLO EV can be had for $18,500. Thankfully, all of the talk about range anxiety in those early days of the electric car is pretty much moot now. Most electric vehicles can travel at least 200 miles on a full charge.
Will Elio ever be built?
It has never sold a single vehicle. In early September 2021, the Phoenix-based company broke its silence by announcing it was pivoting to a $15,000 electric version of its car. Production, it said, is expected to begin in 2022.
What does a SOLO car cost?
And they’re getting less expensive, too. The SOLO EV can be had for $18,500. Thankfully, all of the talk about range anxiety in those early days of the electric car is pretty much moot now. Most electric vehicles can travel at least 200 miles on a full charge.
How much are SOLO EV cars?
With prices starting at $18,500, Solo EV is not the low-cost, high-volume electric car we’ve been hoping for. In a world where a base 2021 Nissan Sentra (with four doors and five seats) starts at $20,000, Solo EV is a niche vehicle for a niche market.
What’s the price of a solo car?
And they’re getting less expensive, too. The SOLO EV can be had for $18,500. Thankfully, all of the talk about range anxiety in those early days of the electric car is pretty much moot now. Most electric vehicles can travel at least 200 miles on a full charge.
How much does Solo cost?
Priced at $18,500 (before destination) to start when it hits dealers in Arizona, California, and Oregon this spring, the Solo is a single-seat commuter « car » designed to thrive in congested urban markets.
Join TheMoney.co community and don’t forget to share this post !
