"Foxconn calls Lordstown Motors allegations in lawsuit 'malicious'"
https://www.zerohedge.com/markets/lordstown-motors-files-bankruptcy-shares-crash
"Lordstown Motors Files For Bankruptcy, Shares Crash"
Why would anyone invest in a company making a product that nobody wants???
“… put itself up for sale…”
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I recommend that the DemocRAT National Committee buy this wonderful investment.
Lordstown Motors? Never heard of them.
The demand for these vehicles is so strong that the companies that make them are going out of business. Hmmm, that’s not what they teach in economics class.
This surprises no one
Did they even have a clay model made up when they sold this to investors and went public with their stock offering?
They were engaged in all kinds of fraud.
https://businessjournaldaily.com/another-class-action-lawsuit-filed-against-lordstown-motors/
No problem. Now they can all use their money from tax payers that can’t afford or simply don’t want an EV and join the space program.
New the Lordstown Steamer....let’s get behind another innovation - the steam car... 🤓