EVs -- Last Week -- June 5, 2022

The EV companies:

• GM: down 3.2%; trading at $37.61
• F: down 2.85; tradnig at $13.50
• TSLA: down 9.2%; trading at $703
• RIVN: down 5.5%; trading at $30
• RIDE: down 9%; trading at $1.83
• GOEV: down 2.6%; trading at $3.32
• NKLA: down 8.1%; trading at $6.66
• ELMS: down 1.35; trading at 52 cents
• most likely, had ELMS already been not so cheap, would have gone down even more

ELMS: link here to Bloomberg Tax --

ELMS is one of several electric vehicle-related companies that went public via SPAC that are fighting for survival. Faraday Future Intelligent Electric Inc., Canoo Inc., and Lordstown Motors Corp. are all under SEC investigation while also dealing with their own respective cash crunches.

The high dividend payers:

• ENB: down slightly; trading at $47; pays 5.63%
• EPD: down slightly; trading at $28; pays 6.62%
• MNRL: up 3%; wow, I had not seen this; pays 6.54%
• OKE: down slightly; trading at $67; pays 5.56%

The majors:

• COP: up 2.75%; trading at $118
• CVX: up 1%; trading at $178
• OXY: up 1.4%; trading at $70
• TTE: up 1%; trading at $59
• SHEL: up 0.7%; trading at $60; pays 3.25%
• PSX: up 1.4%; trading at $104