It gets even worse than that for Lordstown (from the same source above):
"The Hindenburg report said a recently announced $735 million deal for 14,000 trucks was to a purported buyer who doesn’t operate a vehicle fleet and is based out of a small apartment building in Texas.
The company received unwelcome publicity in January when a prototype vehicle caught fire 10 minutes into its initial test drive."
"The Hindenburg report said a recently announced $735 million deal for 14,000 trucks was to a purported buyer who doesn’t operate a vehicle fleet and is based out of a small apartment building in Texas.
The company received unwelcome publicity in January when a prototype vehicle caught fire 10 minutes into its initial test drive."
Smelling increasingly like fraud.