Electra Meccanica (NASDAQ: SOLO) Soars Over 50 Percent Following the Recent Surge in the Share Prices of Nikola and Tesla

Electra Meccanica (NASDAQ: SOLO) Soars Over 50 Percent Following the Recent Surge in the Share Prices of Nikola and Tesla

3 years ago
Anonymous $-9GJQVHNr8

https://wccftech.com/electra-meccanica-nasdaq-solo-soars-over-50-percent-following-the-recent-surge-in-the-share-prices-of-nikola-and-tesla/

Electra Meccanica (NASDAQ:SOLO), the Vancouver-based manufacturer of electric microcars, appears to be having a field day today. Buoyed by the ongoing rise of Tesla (NASDAQ:TSLA) and the electric truck manufacturer Nikola (NASDAQ:NKLA), the company’s share price has surged to a fresh year-to-date high.

As of 11:29 a.m. ET, Electra Meccanica’s shares have surged by 58.78 percent, hovering around $2.62 at the time of writing. Since bottoming at $0.92 on the 16th of March, the company’s shares have surged by a whopping 184.78 percent, corresponding to a current market capitalization of $99.23 million.