A Skeptical Stock Analyst Wins Big by Seeking Out Frauds

The activist short-seller behind Hindenburg Research has become known for research that sends companies’ stock sinking. He says he’s not in it just to move share prices.

#block-carson-c, #citron-research, #draftkings-inc, #electric-and-hybrid-vehicles, #hedge-funds, #hindenburg-research, #left-andrew-e-1970, #lordstown-ohio, #lordstown-motors-corp, #manhattan-nyc, #muddy-waters-research, #nikola-motor-co, #ponzi-and-pyramid-schemes, #securities-and-commodities-violations, #securities-and-exchange-commission, #short-selling, #special-purpose-acquisition-companies-spac, #stocks-and-bonds, #university-of-connecticut, #whistle-blowers

Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker

A longtime real estate investor and former Goldman Sachs executive decided to take an electric truck company public. Chaos ensued.

#automobiles, #banking-and-financial-institutions, #blackrock-inc, #cleveland-ohio, #detroit-mich, #diamondpeak-holdings, #electric-and-hybrid-vehicles, #general-motors, #goldman-sachs-group-inc, #initial-public-offerings, #lordstown-ohio, #lordstown-motors-corp, #mckinseyco, #mergers-acquisitions-and-divestitures, #ohio, #slovenia, #special-purpose-acquisition-companies-spac, #stocks-and-bonds, #suits-and-litigation-civil, #workhorse-group-inc

Lordstown Motors Invites Investors and Analysts to Its Factory

After an executive shake-up and conflicting statements about its prospects, the start-up demonstrated prototypes of its pickup.

#automobiles, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #lordstown-ohio, #lordstown-motors-corp, #trucks-and-trucking

NATO, Crime, Jupiter: Your Monday Evening Briefing

Here’s what you need to know at the end of the day.

#content-type-service, #coronavirus-2019-ncov, #defense-and-military-forces, #democratic-party, #disabilities, #education-k-12, #international-relations, #juno-spacecraft, #justice-department, #lordstown-motors-corp, #murders-attempted-murders-and-homicides, #north-atlantic-treaty-organization, #novavax-inc, #politics-and-government, #priests, #roman-catholic-church, #united-states-politics-and-government, #vaccination-and-immunization, #voter-fraud-election-fraud

Lordstown Motors’ Top Executives Resign After Board Investigation

The resignations were announced after the struggling carmaker released the results of an investigation into an investor’s report on the company’s viability.

#appointments-and-executive-changes, #automobiles, #lordstown-motors-corp

Lordstown Motors Shares Plunge as Investors See Problems

Lordstown Motors said it would start producing and selling electric pickup trucks this year, but there is little evidence it is ready to do so. Its stock has tumbled from a high of about $30 last year to around $8.

#automobiles, #burns-steve-automotive-executive, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #general-motors, #lordstown-ohio, #lordstown-motors-corp, #special-purpose-acquisition-companies-spac, #sports-utility-vehicles-and-light-trucks

A Race to Become the Tesla of Delivery Trucks and Vans

Investors are betting that small companies like Workhorse will help popularize electric commercial vehicles. And Tesla aims to extend its reach.

#arrival-ltd, #automobiles, #delivery-services, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #lordstown-motors-corp, #rivian-automotive-llc, #start-ups, #stocks-and-bonds, #tesla-motors-inc, #vans, #workhorse-group-inc