Shares of several electric vehicle stocks surged yesterday on various items of news that ended up driving Tesla's market cap over $1 trillion for the first time. Today, some of that excitement has shifted to autonomous vehicle names, including Velodyne Lidar (NASDAQ: VLDR). The stock jumped almost 18% at session highs, and remained 10.2% higher as of noon EDT.
SAN JOSE, Calif., October 21, 2021--David Hall, the largest holder of the outstanding common stock issued by Velodyne Lidar, Inc. (NASDAQ:VLDR) ("Velodyne Lidar" or the "Company"), today issued the below open letter to the Company’s stockholders:
SAN JOSE, Calif., October 21, 2021--Velodyne Lidar, Inc. announced today that it will report third quarter financial results for the period ended September 30, 2021