- Arcimoto Inc (NASDAQ:FUV) has appointed Jesse Fittipaldi as the interim Chief Executive Officer.
- Fittipaldi was the Vice President of the company from 2017 – 2020 and has been serving as Chief Strategy Officer since 2020.
- Founder Mark Frohnmayer has been named Chief Vision Officer to oversee technology development programs for the future of sustainable mobility.
- Arcimoto designs and manufactures electric vehicles for everyday mobility.
- Price Action: FUV shares are trading lower by 0.64% at $3.21 on the last check Friday.
Here’s How Much $1,000 Invested In Tesla Will Be Worth If Cathie Wood’s 2026 Price Target Comes True
Over the last several years, Ark Invest CEO Cathie Wood has been one of the biggest bulls on electric vehicle company Tesla Inc (NASDAQ: TSLA).