All posts tagged "Lordstown Motors"
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751NewsLordstown Founder agrees to $175,000 penalty in SEC settlement
The founder of bankrupt electric vehicle (EV) maker Lordstown Motors has settled with the Securities and Exchange Commission (SEC), after making misleading...
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5.8KNewsLordstown Motors founder buys back company assets in bankruptcy sale
Lordstown Motors founder and former CEO Steve Burns is buying back the company’s assets out of bankruptcy for $10 million. Burns’ intentions...
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29.8KInvestor's CornerLordstown Motors heads toward bankruptcy while suing its investment partner
Lordstown Motors has sued its investment partner Foxconn and filed for Chapter 11 Bankruptcy, sending the stock in a downward spiral on...
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16.2KInvestor's Corner
Lordstown Motors financial life raft loses air, automaker on the verge of sinking
Lordstown Motors’ financial life raft, Foxconn, is losing air as it threatened the automaker that it could pull out of its $170...
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6.4KNewsLordstown Endurance electric parking brake failure cues recall
Lordstown Motors is recalling five units of the Endurance electric pickup due to a potential failure of the electric parking brake. The...
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8.7KInvestor's CornerLordstown remains resilient with $221M in cash and early production miscues
Lordstown Motors (NASDAQ: RIDE) remains resilient as its story continues to be one of trying times, low cash flow, and miscues in...
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4.3KNewsFoxconn fully commits to Lordstown and puts its money where its mouth is
Foxconn put its money where its mouth is by fully committing to Lordstown Motors with a new $170 million investment package that...
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20.8KNews
Lordstown brings Endurance truck to commercial production, expanding EV pickup market
Update: 12:17 pm est: second subheading updated for accuracy. F-150 Lightning was third pickup to market. Lordstown Motors announced this morning that...
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12.9KInvestor's Corner
Lordstown reaffirms Endurance pickup production for Q3
Lordstown Motors (NASDAQ: RIDE) reaffirmed its plans to start production of the Endurance all-electric pickup during the third quarter of 2022 while...
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4.7KNews
Lordstown Motors continues executive shakeup, working toward Endurance production
Lordstown Motors announced today it promoted several of its executives, continuing to mix up its front office in preparation for the production...
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10.7KInvestor's Corner
Lordstown Motors and Foxconn finalize sale of manufacturing facility
Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio to Foxconn after the two companies...
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117.5KNewsLordstown Motors to exhibit Endurance EV pickup at NTEA Work Truck Week
Lordstown Motors said today it will be bringing the Endurance all-electric pickup to the Association for the Work Truck Industry’s (NTEA) Work...
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21.0KInvestor's CornerGeneral 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...
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18.4KInvestor's CornerLordstown 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...
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190.0KInvestor's Corner
Lordstown Motors delays Endurance truck, sells Ohio factory to Foxconn
Lordstown Motors (NASDAQ: RIDE) reported its Q3 2021 Financial Results on Thursday and reported that it will delay the Endurance all-electric pickup...
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20.5KInvestor's Corner
Lordstown Motors continues cash flow woes, sells Ohio plant to iPhone manufacturer Foxconn
Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly on electric...
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103.3KInvestor's Corner
Lordstown appoints new CEO in hopes to settle struggling cash flow
Lordstown Motors is strapped for cash and struggling to keep its doors open, but the Ohio-based electric car maker has a new...
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40.4KNewsLordstown Motors under SEC investigation for false pre-orders, DiamondPeak merger
Lordstown Motors is under federal investigation by the Securities and Exchange Commission (SEC) for falsifying pre-order counts and its merger with DiamondPeak...
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15.5KNews
Lordstown relieves CEO and CFO of duties after financial woes, shares slide 16%
Lordstown Motors (NASDAQ: RIDE) announced earlier today that it had relieved CEO Steve Burns and CFO Julio Rodriguez from their duties while...
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65.1KNews
Lordstown Motors, short on cash, warns of possible closure
Lordstown Motors says it is running out of cash for its future development of electric vehicles and might be forced to close...
