Earlier this month, little-kno

2022-08-22

Earlier this month, little-known electric vehicle companyVolcon(NASDAQ:VLCN)opened up preordersfor the company’s fully electric utility vehicle. Its Stag utility vehicle certainly raised eyebrows with its payload and towing capacity. However, VLCN stock is once again grabbing investor attention after today’s increase of nearly 40%.

This move comes as Volconannouncedsome rather impressive preorder numbers. Reportedly, the company has seen “thousands” of preorders come in, exceeding expectations. These preorders currently represent $70 million in revenue.

As Volcon’s CEO Jordan Davis commented, “We made a conservative estimate concerning sales volumes, having worked closely with our sales and marketing team to identify sales targets for 2023. While we felt confident in our ability to reach our pre-order targets, we’ve been pleasantly surprised to find we are achieving those targets at a faster pace than we had planned.”

$Volcon Inc(VLCN)$

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Comments

Deathflash
2022-08-22
Deathflash
v
AuntieAaA
2022-08-22
AuntieAaA
okay
kjy
2022-08-22
kjy
ok
OpenSesame88
2022-08-22
OpenSesame88
wow
MicandPotter
2022-08-22
MicandPotter
read
CM75
2022-08-22
CM75
like

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