Lordstown Motors hangs on by a thread, increasing costs and decreasing outlook

Lordstown Motors (NASDAQ: RIDE) reported its Earnings for Q4 2021 on Monday morning, revealing increasing costs and a decreased production and delivery outlook has the automaker hanging on by a thread. The company has struggled for the past year to bring its products to market, balancing low cash flow with executive turnover and SEC investigations … Continue reading Lordstown Motors hangs on by a thread, increasing costs and decreasing outlook