Xos, Inc. Warrants (XOSWW)

Xos, Inc. has appointed John F Smith, a former General Motors Group Vice President, to its Board of Directors, bringing extensive automotive strategy and governance experience to help scale the company's electric vehicle and charging solutions.

Electric commercial vehicle manufacturer Xos reported record revenue of $18.4 million and 135 vehicle deliveries in Q2 2025, but faced challenges with declining gross margins and increased operating losses due to tariffs and product mix.

U.S. stock futures fell on Monday after three consecutive days of decline. Goldman Sachs has increased its U.S. recession probability from 20% to 35% and warned that the risk of further market correction is still looming.