Electrameccanica Vehicles Management

Management criteria checks 1/4

Electrameccanica Vehicles' CEO is Susan Docherty, appointed in Dec 2022, has a tenure of 1.25 years. total yearly compensation is $1.72M, comprised of 39.2% salary and 60.8% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $43.15K. The average tenure of the management team and the board of directors is 1.2 years and 2.6 years respectively.

Key information

Susan Docherty

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage	39.2%
CEO tenure	1.3yrs
CEO ownership	0.2%
Management average tenure	1.2yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

Here's Why We're A Bit Worried About Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Oct 06

Is Electrameccanica Vehicles (NASDAQ:SOLO) In A Good Position To Invest In Growth?

Jun 15

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Needs To Drive Business Growth Carefully

Jan 12

Is There An Opportunity With Electrameccanica Vehicles Corp.'s (NASDAQ:SOLO) 24% Undervaluation?

Oct 13

ElectraMeccanica stock gains on license to sell SOLO EV in Arizona

Oct 06

ElectraMeccanica Vehicles names new CFO and Compliance Chief

Aug 23

Here's Why We're Watching Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Aug 16

Electrameccanica Vehicles GAAP EPS of -$0.17, revenue of $1.55M

Aug 11

A Look At The Intrinsic Value Of Electrameccanica Vehicles Corp. (NASDAQ:SOLO)

Jul 15

ElectraMeccanica: Does The Company Have A Role To Play In The Future Of Transportation?

Jun 09

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Can Afford To Drive Business Growth

Apr 06

ElectraMeccanica CEO Kevin Pavlov - Developing & Selling Electric Vehicles

Jan 18

Companies Like Electrameccanica Vehicles (NASDAQ:SOLO) Are In A Position To Invest In Growth

Dec 30

CEO Compensation Analysis

How has Susan Docherty's remuneration changed compared to Electrameccanica Vehicles's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$2m	US$676k	-US$58m
Sep 30 2023	n/a	n/a	-US$110m
Jun 30 2023	n/a	n/a	-US$111m
Mar 31 2023	n/a	n/a	-US$118m
Dec 31 2022	US$5m	US$50k	-US$124m

Compensation vs Market: Susan's total compensation ($USD1.72M) is above average for companies of similar size in the US market ($USD674.55K).

Compensation vs Earnings: Susan's compensation has been consistent with company performance over the past year.

CEO

Susan Docherty (60 yo)

1.3yrs

Tenure

US$1,723,374

Compensation

Ms. Susan E. Docherty serves as Chief Executive Officer & Interim Chief Operating Officer at Electrameccanica Vehicles Corp. since December 05, 2022 and serves as its Director since December 19, 2022. She...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Susan Docherty	CEO, Interim COO & Director	1.3yrs	US$1.72m	0.17% $ 43.1k
Stephen Johnston	Chief Financial Officer	less than a year	US$496.16k	no data
Michael Bridge	General Counsel & Corporate Secretary	less than a year	US$853.41k	0% $ 0
Kim Brink	Chief Revenue Officer	2.2yrs	no data	0% $ 0
Ajay Kumar	Vice President of IT & Chief Information Officer	1.2yrs	no data	no data
Conark Shah	Vice President of Strategy & Chief of Staff	1.2yrs	no data	no data

1.2yrs

Average Tenure

57yo

Average Age

Experienced Management: SOLO's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Susan Docherty	CEO, Interim COO & Director	1.3yrs	US$1.72m	0.17% $ 43.1k
Dietmar Ostermann	Independent Director	1.7yrs	US$214.90k	no data
Michael Volker	Member of Advisory Board	no data	no data	no data
Fang Yan	Independent Director	5yrs	US$158.15k	0.063% $ 15.9k
Steven Sanders	Independent Chairman	6yrs	US$266.05k	0% $ 0
David Shemmans	Independent Director	2.6yrs	US$169.11k	no data
Myron Trenne	Member of Advisory Board	no data	no data	no data
Luisa Ingargiola	Independent Director	6yrs	US$167.76k	0.035% $ 9.0k
Michael Richardson	Independent Vice-Chairman of the Board	2.3yrs	US$242.59k	no data

2.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: SOLO's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Electrameccanica Vehicles Management

Management criteria checks 1/4

Key information

Recent management updates

Electrameccanica Vehicles Corp. Announces Retirement of Kim Brink as Chief Revenue Officer, Effective April 24, 2024

ElectraMeccanica Vehicles Corp Appoints Joanne Yan as Director

Co-Founder & Director notifies of intention to sell stock

Electrameccanica Vehicles Corp., Annual General Meeting, Dec 21, 2023

High number of new directors

Electrameccanica Vehicles Corp. Announces Chief Financial Officer Changes

Recent updates

Electrameccanica Vehicles Files Form 15

Electrameccanica Vehicles Corp.(NasdaqCM:SOLO) dropped from NASDAQ Composite Index

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Electrameccanica Vehicles Corp. Announces Retirement of Kim Brink as Chief Revenue Officer, Effective April 24, 2024

Xos, Inc. (NasdaqCM:XOS) entered into a definitive arrangement agreement to acquire Electrameccanica Vehicles Corp. (NasdaqCM:SOLO).

ElectraMeccanica Vehicles Corp Appoints Joanne Yan as Director

Co-Founder & Director notifies of intention to sell stock

Consensus EPS estimates fall by 12%

Tevva Motors Limited Files A Complaint in the United States District Court for the District of Arizona Against ElectraMeccanica, 1432952 B.C. Ltd., 1432957 B.C. Ltd

Tevva Motors Limited Files A Complaint in the United States District Court for the District of Arizona Against ElectraMeccanica, 1432952 B.C. Ltd., 1432957 B.C. Ltd

Third quarter 2023 earnings released: US$0.16 loss per share (vs US$0.18 loss in 3Q 2022)

Electrameccanica Vehicles Corp., Annual General Meeting, Dec 21, 2023

High number of new directors

Electrameccanica Vehicles Corp. Announces Chief Financial Officer Changes

Tevva Motors Limited cancelled the acquisition of Electrameccanica Vehicles Corp. (NasdaqCM:SOLO) in a reverse merger transaction.

Here's Why We're A Bit Worried About Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Tevva Motors Limited cancelled the acquisition of Electrameccanica Vehicles Corp. (NasdaqCM:SOLO) in a reverse merger transaction.

Price target decreased by 8.0% to US$1.04

Consensus revenue estimates decrease by 94%, EPS upgraded

Tevva Motors Limited entered into an agreement to acquire Electrameccanica Vehicles Corp. (NasdaqCM:SOLO) in a reverse merger transaction

New major risk - Financial position

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Is Electrameccanica Vehicles (NASDAQ:SOLO) In A Good Position To Invest In Growth?

New major risk - Share price stability

No longer forecast to breakeven

Electrameccanica Vehicles Corp. Announces Voluntary Recall

High number of new directors

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Needs To Drive Business Growth Carefully

Electrameccanica Vehicles Corp. Announces COO Changes

Co-Founder & Director exercised options to buy US$261k worth of stock.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

High number of new directors

Electrameccanica Vehicles Corp. Announces the Launch of its First-Ever TV Campaign

Electrameccanica Vehicles Corp. to Report Q3, 2022 Results on Nov 14, 2022

Is There An Opportunity With Electrameccanica Vehicles Corp.'s (NASDAQ:SOLO) 24% Undervaluation?

Electrameccanica Vehicles Corp. Secures License to Sell SOLO EV in Arizona

ElectraMeccanica stock gains on license to sell SOLO EV in Arizona

No longer forecast to breakeven

Now 22% undervalued after recent price drop

Electrameccanica Vehicles Corp. Announces Management Changes

Electrameccanica Vehicles Corp. Announces Executive Appointments

Electrameccanica Vehicles Corp. Appoints Bal Bhullar as Chief Compliance Officer

ElectraMeccanica Vehicles names new CFO and Compliance Chief

Consensus revenue estimates fall by 37%

Here's Why We're Watching Electrameccanica Vehicles' (NASDAQ:SOLO) Cash Burn Situation

Price target decreased to US$8.50

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Electrameccanica Vehicles GAAP EPS of -$0.17, revenue of $1.55M

A Look At The Intrinsic Value Of Electrameccanica Vehicles Corp. (NASDAQ:SOLO)

Consensus revenue estimates fall by 28%

ElectraMeccanica: Does The Company Have A Role To Play In The Future Of Transportation?

High number of new directors

Electrameccanica Vehicles Corp., Annual General Meeting, Jul 27, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Electrameccanica Vehicles Corp. Announces Management Changes

Electrameccanica Vehicles Corp. Showcases Its Solo Cargo EV for the First Time At the National Restaurant Association Show

High number of new directors

Consensus forecasts updated

Price target increased to US$10.00

Insider recently sold US$529k worth of stock

Electrameccanica Vehicles Corp. Appoints Automotive Veteran, William Quigley III, to Board of Directors

We Think Electrameccanica Vehicles (NASDAQ:SOLO) Can Afford To Drive Business Growth

ElectraMeccanica Vehicles Corp Appoints Joseph Mitchell as Chief Operating Officer of the Company, Effective on April 1, 2022

Consensus revenue estimates fall by 15%

ElectraMeccanica to Begin Delivery of SOLO Cargo EV to Fleet and Commercial Customers in Second Quarter of 2022

Electrameccanica Vehicles Corp. Announces Retirement of Henry Reisner, Co-Founder and the Current Executive VP and A Director

ElectraMeccanica CEO Kevin Pavlov - Developing & Selling Electric Vehicles

Co-Founder & Director exercised options to buy US$2.7m worth of stock.

Forecast to breakeven in 2024