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REE Automotive Ltd. - $REE STOCK NEWS

Welcome to our dedicated page for REE Automotive Ltd. news (Ticker: $REE), a resource for investors and traders seeking the latest updates and insights on REE Automotive Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect REE Automotive Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of REE Automotive Ltd.'s position in the market.

News
REE Automotive Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
REE Automotive Ltd. (Nasdaq: REE) reported strong growing demand for P7, focused operational efficiencies, and plans to ship first demo vehicles to customers in December. The company expanded its dealer network, doubled initial order book value to $43 million, and decreased net loss by 28% year-over-year. They ended Q3 2023 with liquidity of $101 million and secured an $8 million working capital investment. Additionally, they signed a multi-year autonomy program and shipped a P7-C prototype to a leading aerospace corporation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.09%
Tags
earnings
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News
REE Automotive, Ltd. Announces Date for Third Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
REE Automotive (NASDAQ: REE) will release its third quarter 2023 financial results on November 30, 2023, before market open. A webcast and conference call will be held to review the financial results, discuss recent events, and conduct a Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
REE Automotive Regains Compliance with Nasdaq Minimum Bid Price Requirement
Rhea-AI Summary
REE Automotive Ltd. has regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2). The company maintained a closing bid price at or greater than $1.00 per ordinary share for the last 10 consecutive business days from October 18, 2023, to October 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.34%
Tags
none
News
REE Automotive Initial Order Book Value Jumps to Approximately $40 Million
Rhea-AI Summary
REE Automotive's initial order book value has doubled since late August 2023, reaching approximately $40 million. Midwest Transit Equipment (MTE), a leading bus dealer in the US, has placed a binding order for REE's electric trucks. Deliveries are scheduled to begin in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
none
-
News
REE Automotive to Webcast CEO Fireside Chat on November 2, 2023
Rhea-AI Summary
REE Automotive announces CEO's participation in shareholder fireside chat
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.99%
Tags
conferences
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News
REE Automotive Initial Order Book Value Grows to Approximately $25 Million, a 30% Increase Since End of August 2023
Rhea-AI Summary
REE Automotive expands Authorized Dealer Network and reports 30% growth in initial order book value
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2463.91%
Tags
none
News
REE Automotive Obtains EPA Certification for Its P7 Electric Truck Lineup
Rhea-AI Summary
REE Automotive receives EPA certification for its P7 electric truck lineup, a step towards full-vehicle certification in late 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
none
-
News
REE Automotive Named to the 2024 FreightWaves FreightTech 100
Rhea-AI Summary
REE Automotive included in FreightWaves' FreightTech 100 list, recognizing innovation in freight technology sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
none
-
News
REE Automotive Appoints Carlton Rose, Former Global President of Fleet Maintenance and Engineering at UPS, as Chairman of its Board of Directors
Rhea-AI Summary
REE Automotive appoints Carlton Rose as Chairman of the Board, expects crucial milestones in the next few quarters
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
management
News
REE Automotive Announces Second Quarter 2023 Financial Results
Rhea-AI Summary
REE Automotive announces Q2 2023 financial results, plans to start customer deliveries by end of 2023, targets $1 billion in cumulative sales by 2026
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.26%
Tags
earnings
Stock REE logo
REE Automotive Ltd.

Nasdaq:REE

REE Rankings

#4734 Ranked by Market Cap
#5400 Ranked by Stock Gains
N/A Ranked by Dividends

REE Stock Data

53.81M
7.71M
23.75%
24.33%
1.22%
Automobile Manufacturing
Manufacturing
Link
United States of America
Herzliya

About REE

ree automotive is a pioneering technology company reinventing e-mobility. unrestricted by legacy thinking, ree has developed the next generation ev platform which is completely flat, scalable and modular providing customers full design freedom to create the broadest range of ev, av and maas vehicles for current and future applications, including last mile delivery, light to heavy duty ev logistics and robo taxis. ree has developed two core innovations; the reecorner integrates all traditional vehicle components (steering, braking, suspension, e-motor) into the arch of the wheel and the reeboard which is a completely flat and modular platform. ree’s approach is cost efficient and offers multiple customer benefits, including vehicle design freedom, package efficiency, increased energy efficiency, faster development time, adas compatibility, reduced maintenance and global safety standard compliance. ree is supported by a network of tier 1 partners providing access to 320 global production