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The Latest Breaking News from Lordstown

Electric vehicle start-ups face their toughest challenge: making cars

Investors have bet heavily hoping to find the next Tesla, but many EV groups are struggling to make the production process work

Financial Times

Cenntro Electric Group vs. Lordstown Motors: Which EV Stock is a Better Buy?

Today I'll analyze and compare Cenntro Electric Group (CENN) and Lordstown Motors (RIDE) to determine which EV stock is currently a better buy.

StockNews.com

GM Dumped Lordstown Motors Stock In The Fourth Quarter Of 2021

GM says the only reason it bought Lordstown stock in the first place was to allow the EV startup to complete the purchase of the plant and restart production.

InsideEVs

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Why Lordstown Motors Shares Are Falling

Lordstown Motors Corp (NASDAQ: RIDE) shares are trading lower by 19.7% at $2.58 after the company reported fourth-quarter earnings results and said it expects commercial production and sales of the Endurance of approximately 500 units in 2022 growing to as many as 2,500 units in 2023.

Benzinga

Lucid Stock Sinks As Tesla Rival Slashes 2022 Production Outlook; GM Sells Lordstown Stake

Lucid earnings missed and the startup cut 2022 output guidance. Lucid stock sank.

Investors Business Daily

Lordstown Motors Stock Slides Post Q4 Results; Reaffirms Q3'22 Target For Endurance Sales

Lordstown Motors Corp (NASDAQ:RIDE) reported a fourth-quarter FY21 loss per share of $(0.42), beating the consensus of $(0.73). The total operating expenses rose 120.7% Y/Y to $84.6 million. The operating loss incurred for the quarter was $(84.66) million versus $(38.35) million last year. The company held $244 million in cash and equivalents…

Benzinga

Lordstown Motors and its post-SPAC peers keep losing executives

The past month has been a rough one for some of the electric vehicle startups that went public by merging with special purpose acquisition companies, or SPACs. Lordstown Motors, Canoo and Electric Last Mile Solutions all have seen key personnel leave, and all three are under investigation by the U.S.…

Tribune News Service

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Foxconn: Lordstown Electric Pickups To Start Shipping In H2 2022

Foxconn chairman Young Liu tells Nikkei Asia that electric pickups made in cooperation with Lordstown Motors will begin shipping in the second half of 2022.

InsideEVs

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