Michael Lohscheller

Polestar Automotive (NASDAQ:PSNY) CEO Michael Lohscheller believes that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s involvement in global politics is pushing away customers. What Happened: Lohscheller said in an interview with Bloomberg News that a lot of people have “very, very negative...

Swedish EV maker Polestar Automotive (NASDAQ:PSNY) is conducting a review of its strategy and operations, company CEO Michael Lohscheller said on Friday, after the company reported a drop in Q3 deliveries. What Happened: Polestar delivered 11,900 vehicles in the third quarter, about 15% less than...

After a complex Q2 report, the departure of its CEO, and approval for issuing new stock, shares of Nikola Corporation (NASDAQ:NKLA) fell by more than 26% on Friday. This triggered an interesting reaction from Elon Musk. What Happened: In its second-quarter earnings report, beleaguered electric...

Beleaguered electric truck maker Nikola Corporation (NASDAQ:NKLA) on Friday said that President and CEO Michael Lohscheller would be immediately stepping down from his roles, making way for Chairman Stephen Girsky to take the reins. The sudden management shuffle comes...

Hydrogen and electric vehicle company Nikola Corporation (NASDAQ: NKLA) announced the launch of a new brand and provided several company updates after market close. Here are the highlights. What Happened: Nikola announced the launch of a new hydrogen energy brand called “HYLA”...

Michael Lohscheller has stepped down from his post as the CEO of Vietnamese automaker VinFast Global just months after joining the company. What Happened: The move comes as VinFast looks to realize a key U.S. expansion plan. Lohscheller, who joined VinFast in July, revealed his exit in a post...