General Motors no longer invests in Lordstown Motors

General Motors is no longer investing in Lordstown Motors as the Ohio-based electric vehicle startup continues to struggle to keep its doors open. GM confirmed on Tuesday that it sold its stake in Lordstown during Q4 2021 following  “an undisclosed lock-up period,” spokesperson Jim Cain said to CNBC. GM owned 7.5 million shares of common … Continue reading General Motors no longer invests in Lordstown Motors