Nxu, Inc.

NasdaqCM:NXU Stock Report

Market Cap: US$3.9m

Nxu Management

Management criteria checks 2/4

Nxu's CEO is Mark Hanchett, appointed in Jan 2016, has a tenure of 8.92 years. total yearly compensation is $3.12M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 2.32% of the company’s shares, worth $91.09K. The average tenure of the management team and the board of directors is 3.9 years and 3.8 years respectively.

Key information

Mark Hanchett

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage6.4%
CEO tenure8.9yrs
CEO ownership2.3%
Management average tenure3.9yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Hanchett's remuneration changed compared to Nxu's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$21m

Jun 30 2024n/an/a

-US$26m

Mar 31 2024n/an/a

-US$35m

Dec 31 2023US$3mUS$200k

-US$40m

Sep 30 2023n/an/a

-US$56m

Jun 30 2023n/an/a

-US$61m

Mar 31 2023n/an/a

-US$64m

Dec 31 2022US$200kUS$200k

-US$72m

Sep 30 2022n/an/a

-US$91m

Jun 30 2022n/an/a

-US$160m

Mar 31 2022n/an/a

-US$148m

Dec 31 2021US$126mUS$168k

-US$134m

Compensation vs Market: Mark's total compensation ($USD3.12M) is above average for companies of similar size in the US market ($USD645.36K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.

CEO

Mark Hanchett (42 yo)

8.9yrs

Tenure

US$3,120,000

Compensation

Mr. Mark Aaron Hanchett serves as Chairman of the Board and Chief Executive Officer at Atlis Motor Vehicles, Inc. (Also Known as Nxu, Inc.) since 2016. He is the Founder and Director of Atlis Motor Vehicle...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Hanchett
Founder8.9yrsUS$3.12m2.32%
$ 91.1k
Annie Pratt
President & Director4.7yrsUS$2.07m0.44%
$ 17.2k
Sarah Wyant
Interim Chief Financial Officerless than a yearUS$418.45k0.10%
$ 4.0k
Jordan Christensen
Chief Legal Officer & Secretary1.5yrsno datano data
Kate Sieker
Vice President of People3.9yrsno datano data

3.9yrs

Average Tenure

40.5yo

Average Age

Experienced Management: NXU's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mark Hanchett
Founder8.9yrsUS$3.12m2.32%
$ 91.1k
Annie Pratt
President & Directorno dataUS$2.07m0.44%
$ 17.2k
Britt Ide
Lead Independent Director3.8yrsUS$362.42k2.73%
$ 107.0k
Jessica Billingsley
Independent Director1.4yrsUS$155.00k3.03%
$ 118.9k

3.8yrs

Average Tenure

44yo

Average Age

Experienced Board: NXU's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 14:44
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nxu, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tate SullivanMaxim Group