Harley-born EV maker LiveWire warns it may not survive; shares plunge 40%

LiveWire, the electric motorcycle maker spun out of Harley-Davidson, says there is substantial doubt about its ability to continue as a going concern, sending its stock down over 40% as it withdrew full-year guidance. Third-quarter revenue rose 38% to $7.9 million, but it lost $18.6 million and cash fell to $39.9 million. A restructuring committee will explore financing options.