Volcon stock falls to its lowest level

Volcon stock hits all-time low .

Volcon announced its first-quarter revenues Where the company's revenues amounted to $ 1.03 million .

As for the company's stock, it fell to $ 1.42 .

The company recorded a net loss of $ 26 million .

Most of the loss is due to the company's warranty obligations As Volcon specializes in electric cars .

It is worth noting that the company has achieved compliance with the requirements for listing on the American Nasdaq Stock Exchange .