Lordstown Motors Discloses Federal Investigation Into Last Year’s SPAC Merger At specific issue is Lordstown's reporting of vehicle pre-orders as it was trying to raise capital in connection with the SPAC deal. 2 MIN READ 07.19.2021
Lordstown Motors Misses Quarterly Estimates, Warns 2021 Production Will Be Half of Expectations The electric vehicle startup also said that it will require additional capital to execute its plans. 3 MIN READ 05.24.2021
Lordstown Motors Down 12% After Disclosing SEC Inquiry Over Hindenburg Research Report Hindenburg accused Lordstown of misleading investors with "largely fictitious" orders used to raise capital. 2 MIN READ 03.18.2021
Lucid Motors To Go Public Via SPAC Merger; $4.4 Billion in New Funding at $24 Billion Valuation It's a lofty valuation for a company that has yet to deliver a single vehicle. 3 MIN READ 02.23.2021
