Now that the U.S. Securities and Exchange Commission requests voluntary information from electric truck startup Lordstown Motors, more details of the agreement between the company and one of its key backers, General …
Read More »Ohioans Hoping Ford Lordstown Motors Will Succeed
Picture: John minchillo (AP) The recent Hindenburg Research short seller report has caused a lot of unfavorable attention for Lordstown Motors recently, with the SEC asking the company for information. Despite all …
Read More »Lordstown Motors reports their numbers. Profits don’t matter, but spending does.
Text size Lordstown chose Endurance as the name for its all-electric truck. Courtesy of Lordstime Lordstown Motors reported fourth-quarter figures Wednesday night. However, profits don’t matter much, as the electric truck maker …
Read More »Lordstown Motors reports their numbers. Profits don’t matter, but spending does.
Text size Lordstown chose Endurance as the name for its all-electric truck. Courtesy of Lordstime Lordstown Motors reported fourth-quarter figures Wednesday night. However, profits don’t matter much, as the electric truck maker …
Read More »Short sellers raise the stakes against SPACs
Short sellers come for the SPACs. Investors betting against stocks are targeting special-purpose takeovers, one of the fastest-growing areas on Wall Street. The dollar value of the bearish bets against SPAC shares …
Read More »Investigation of Hindenburg, a short seller, points to electric vehicle startup Lordstown Motors; Shares down 16%
A new report from short-seller Hindenburg Research pointed to electric truck startup Lordstown Motors Corp. RIDE -15.36% , saying the company misled investors about the strength of its truck pre-orders and the …
Read More »Volatility hits the hot SPAC market
Shares of tech firms and special-purpose acquisition companies rose Tuesday, rebounding after a week-long losing streak that pushed some popular SPACs down 20% or more in a month. The Nasdaq Composite rose …
Read More »That was a pretty sad ending for one of Trump’s favorite automakers.
Oshkosh Defense’s winning mail truck. The workhorse is not in the photo. Photo: USPS In May 2019, former President Donald Trump tweeted that Workhorse, an electric vehicle maker, would buy the closed …
Read More »Fiat & Peugeot’s Merger Finally Goes Green Light
Photo: Getty Images (Getty Images) morning shiftAll your daily car news in one convenient place. Isn’t your time more important? The merger of Fiat and PSA is good to go, Hyundai had …
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