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The Lordstown Motors Saga - Part 2
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LORDSTOWN, Ohio – In March 2021, Hindenburg Research published a scathing report on Lordstown Motors, calling into question the viability of the company's product - the Endurance, the demand for it and the company's production capabilities.
The result of the report was the collapse of Lordstown Motors' stock price and eventually the forced resignation of then CEO, Steve Burns.
In this episode of "The Byline Breakdown," we continue our conversation with Dan O’Brien, managing editor of The Business Journal.
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Lordstown Motors to Sell Assets to Former CEO for $10 Million
https://businessjournaldaily.com/breaking-lordstown-motors-sells-its-assets-to-former-ceo-10-million/
Lordstown Motors Insiders Cash Out $95M
https://businessjournaldaily.com/exclusive-lordstown-motors-insiders-cash-out-95m/
Lordstown Motors Files Chapter 11, Sues Foxconn for Fraud
https://businessjournaldaily.com/lordstown-motors-files-chapter-11-sues-foxconn-for-fraud/
Burns Out at Lordstown Motors, Company Releases Its Answer to Hindenburg Research Report
https://businessjournaldaily.com/burns-out-at-lordstown-motors-refutes-hindenburg-report-findings/
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