- Volcon Inc (NASDAQ:VLCN) has received thousands of non-binding pre-production orders, which, if finalized, would result in more than $70 million worth of revenue following delivery.
- The company opened pre-production orders for its first all-wheel drive, fully electric UTV, the Stag, for its dealers beginning June 27.
- Related: Volcon Opens Pre-Orders For Fully Electric UTV ‘Stag’
- The company plans to continue accepting orders for 2023 model year production from dealers until sold out and will waitlist after.
- “We made a conservative estimate concerning sales volumes, having worked closely with our sales and marketing team to identify sales targets for 2023,” said CEO Jordan Davis.
- Price Action: VLCN shares are trading higher by 24.9% at 1.99 on the last check Monday.
- Photo Via Company
What’s Going On With Cava Stock Ahead Of Earnings?
Cava Group is set to report its first-quarter financial results after the bell Tuesday and will host a conference call to discuss the results at 5 p.m. ET. The stock is moving one of the top trending tickers on WallStreetBets and is moving on above-average volume ahead of the earnings report.
