$RIDE continues its all time low breakdown, with its latest trading session closing at $9.20. The technical support breakdown of $RIDE since a month ago has tumbled its share price by -18.31%, a loss of approximately US300mil from its market capitalization. SEC is currently investigating the company on the authenticity of $RIDE 100k pre-orders that are months away from its first delivery.
$RIDE operates as an original equipment manufacturer of light duty fleet vehicles. It develops, manufactures, and sells Endurance, an electric full-size pickup truck targeted for sale to fleet customers.