Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Very very disappointed.
Where is Foxconn they should be responsible for the supply chain surely - as they are manufacturing under contract for us.
No mention of what the backlog is or any expected increase. even 31 a month is pathetic .
probably going to take a tax loss early this year. and put it into a well run company like Nikola
What a piece on American junk company is Lordstown Motors! 31 production vehicles and now have another excuse citing supply issues . MFs !
What a bunch of lazy suckers work at LMC! Work for it ! My ass ! Lol
“Since production got underway late last year, Lordstown Motors Company has produced 31 all-electric Endurance pickup trucks for sale, according to a regulatory filing.”
“Of those 31 trucks, six have been delivered to customers, fifteen will be used for sales, demonstration drives, marketing, and service training before being sold, the company stated in a document filed with the Securities and Exchange Commission”
https://www.wfmj.com/story/48081129/lordstown-motors-31-ev-pickup-trucks-made-so-far-six-sold
LMC says the primary supply factor involves the availability of components used to make the hub motors which work in concert to power each of the Endurance's four wheels.
Down, Down, Down... Say goodnight Lordstown.
Algorythim trader is soon to be extinguished. Blackrock and Vanguard are going to pay the price when it's all said and done.
LoL, shorts are about to be burnt bad.
Your parody is DOA
It might on a pop from some good news - but it won't be able to hold it when the real news comes in. Buy the rumor, sell the news. And long term they will be bankrupt soon - I'll be surprised if they make it through 2023.
It will see $30 again and beyond.
Once Blackrock and Vanguard, who are DS Central Banks, are gone and
the new peoples market is put into place. This will skyrocket.
One decent contract and we will be at $5-6 or more!
Could happen anytime.
Anyone think this will ever see $2 again?
Nope wrong again!
2023 North American Car, Truck and Utility Vehicle of the Year Award™ Winners to Be Announced on January 11
I bought some @ $1.04
Major announcements coming from what I was told
Share buy backs coming sooner than most know.
Shorts will be crushed.
Nesara Gesara
U.S. Treasury says consumer leases can qualify for EV tax credits
https://www.reuters.com/business/autos-transportation/us-treasury-says-consumer-leases-can-qualify-ev-tax-credits-2022-12-29/
i'm not putting lordstown in any negative light
I was just reporting facts about something you posted from 3 years. ago. there is no arrangement between lordstown and workhorse. in fact it was sort of replaced by the Foxconn deal which is much better.
Been long Lordstown for a couple of year snow so well in the hole . I cannot day or even swing trade successfully so I do DD invest and hold for at least 5 years. Currently down over 70% but when I get new funds in the new year from an inheritance this is one I will be seriously considering adding to so long as we see the initial production vehicle reviews and fleet orders.
Also keen on understanding the financial impact of the MIH work they are doing, is that going to be a nice steady stream of revenues to underpin the accounts?
Not sure why you are trying so hard to put LORDSTOWN in a negative light. But I suspect it may have to do with shorting?
2023 Truck of the year finalist. Lets go snow!
Workhorse Says SEC Investigation is Concluded
The Osh Kosh contract is gynourmous - replace all the USPS vehicles. like $50Bn or so
Workhorse lordstown was dissolved
been looking for filings but this article covers main points:
https://www.vindy.com/news/local-news/2022/05/lmc-workhorse-group-power-off-partnership/
Lordstown focussed on their own destiny with Foxconn/MIH
It helps when your manufacturing partner has $$$
nope Osh Kosh got the USPS contract and I think the relationship between RIDE and Workhorse has been terminated - WKHS certaily sold their shares as they need cash more than Lordstown
C-Series last-mile delivery truck
Lets not forget about the Workhorse deal in production with deliveries made.
We'll be finishing out the year under $1.00 - what an incredible fall from grace.
Steven Burns needs to be prosecuted!!!!
They are well beyond 100,000 orders on the truck alone. The last CEO jumped the gun and spoke too soon that cost 2.5 million for his mouth and his job. I believe that this was all planned out just the same, then Hightower was ushered in as planned and Burns was gone.
There are 5 autos including a delivery van and autonomous Tractor currently on the platform right now. The rewards are about to be reaped for many years to come.
Revenue and profit will speak louder than words.
Stick around for a couple quarters.Playing the SEC algorithm is going to bite hard if the line is crossed at the wrong time. Don't want to be left behind.
Now only costs $50k
Strait line, one-share selling algorithm has been activated. SEC crook's are in on it. It sticks to the underside of the buy and sell boards that do this. #SEC
They are cocking a sling shot blast to follow.
Times up! This Dog hunts. 5 auto's and one tractor currently on the MIH platform with big revenue now entering the picture.
As I mentioned in the past the fact that LMC is producing 2,500 by 2nd Q of 2023 is big joke. You mean to tell me there is no demand for the Endurance truck ? This company is on life support for the next 6 months . There is still no update on deliveries or who these customers are. All you see in Twitter is the truck doing a wheelie in the snow lol .
LORDSTOWN ENDURANCE NORTH AMERICAN TRUCK OF THE YEAR 2023 | FINALIST
$1.13-$1.07 . Target $.88
Lucid and Rivian has a chance of going BK video. When looking at this LMC has a chance of survival.
2022 Lordstown Endurance All Electric | Interview and TEST DRIVE
That's pretty much a paid hit piece. The November 22 Hagerty review was quite the opposite. Every one of the Automotive enthusiasts magazines are struggling. Now they've sunk to the level of the National Enquirer or all hopes are lost. The Endurance equipped with a extra battery pack mounted in the bed over the solid rear axle could prove too be the ultimate plowing truck. In this case all of that extra weight would an advantage.
Excellent D&D on reddit:
Well, well, well, what do we have here? EPA Test Results & Certification summary for Lordstown Motors' 2023 Endurance from Oct. 17, 2022? Don't think this has been shared anywhere...
[Driving Cycles Tested](https://preview.redd.it/9lwof0ygti7a1.png?width=902&format=png&auto=webp&s=0d4d85bdd7c74839aff902c1df2ecdb9a5ab781f)
[Highway](https://preview.redd.it/k2v3fw9hti7a1.png?width=958&format=png&auto=webp&s=b1cf86fc048b27a2b0984650c9ea107aee59c9bd)
[City\/Urban showing better efficiencies from regen braking](https://preview.redd.it/hkx7y607wi7a1.png?width=962&format=png&auto=webp&s=79fc5d30784cbc6aba4f52da09655420db7e0cd4)
[\\"applicable to 2023 model year new ZEV light duty trucks?\\" We've got credit revenue folks!](https://preview.redd.it/57j4ha49dj7a1.png?width=371&format=png&auto=webp&s=a5ffb722502a26a065ed6048a8cac0a3600368c4)
[https://www3.epa.gov/otaq/datafiles/FOI\_PLEVT00.07NY\_APPIPT1\_R01.PDF](https://www3.epa.gov/otaq/datafiles/FOI_PLEVT00.07NY_APPIPT1_R01.PDF)
I stumbled upon the above link from the EPA doing a google search looking for information into what driving cycles mean for EPA testing and decided to throw Endurance EV into the search string.
EDIT 1:
Other research:
[https://cleantechnica.com/2020/08/18/how-does-epa-calculate-electric-car-range/](https://cleantechnica.com/2020/08/18/how-does-epa-calculate-electric-car-range/)
>The numbers from the **closed-environment test at room temperature** and relatively low speeds typically overstate the amount of range and efficiency an electric vehicle would see in real-world use. For example, the Tesla Model Y will travel 451 miles on the Multi-Cycle City/Highway Test Procedure — which is a much higher range than anyone would actually see driving the car in normal conditions. **The EPA will multiply the preliminary range and efficiency numbers from the tests by 0.7 to provide a final rating more in line with what drivers can expect from their cars.** For the Model Y, that’s 316 miles of range.At the end of the day electric vehicle range ratings are an estimate, just like MPG numbers are just estimates for gas cars. The EPA and automakers can’t guarantee that any given driver of any given car will experience the rated numbers. More aggressive drivers will be less efficient and see less range as a result. Electric vehicles won’t go as far in cold weather either.The important thing is to get an electric vehicle with enough range to fit your driving needs. Whatever those needs may be, there’s an EV out there that will meet them.
Also, according to that article:
>Short-range EVs like the 84-mile Fiat 500e serve as great commuters, while long range 200+ mile EVs can do (pretty much) anything a gas car can do better.
So:
279.98 x 0.70 (arbitrary number) x 0.55 (city drive time allocation) = 107.79 miles
270.29 x 0.70 (arbitrary number) x 0.45 (highway drive time allocation) = 85.14 miles
EPA rating = 192.93 total estimated mile range
I wonder if there are any studies that indicate whether the driving habits of commercial drivers are more efficient than consumer retail drivers because that .7 is a very generalized deduction on mileage. Outside of the environmental factors, I know this - commercial drivers are a lot more regulated and monitored that's for sure and their job is on the line if they drive aggressively like a dumbass....
Now let's compare to [Ford's EPA results](https://dis.epa.gov/otaqpub/display_file.jsp?docid=56773&flag=1) of the F-150 Lightning Pro and this from an [InsideEVs article](https://insideevs.com/news/584918/ford-f150-lightning-epa-range-efficiency/):
https://preview.redd.it/frfsepazhl7a1.png?width=674&format=png&auto=webp&s=ccdfb4623a06b30c531285915c9208a316fbc05a
What I found most interesting is that Lordstown Motors used a Multi-Cycle test where as Ford used a 2-cycle test. Are they different? If so, which one is more accurate? If both companies certified their trucks using different EPA tests with a different amount of cycles, then you can't even make a direct comparison between their ratings.
EDIT 3: Doesn't a 2-cycle test seem like just a single cycle test for both hwy and city where as a proper multicycle test means multiple battery cycles for both hwy, city, and steady speed cycles? Just look at the drop in energy from the 1st and 2nd cycles for the Endurance's hwy and city tests. Do we know how much energy the Pro would have on it's 2nd cycle? Were SS cycles included? Ford does claim to have completed testing using the Multi Cycle Test (MCT) sequence as stated in SAE International’s “Surface Vehicle Recommended Practice” J1634 Oct. 2012 but their application doesn't seem to have any information regarding multicycle calculations like LMC's does. Seems fishy...
[https://www.epa.gov/sites/default/files/2020-02/epa-generic-multicycle-calculator-per-sae-j1634-2016-03-08.xlsx](https://www.epa.gov/sites/default/files/2020-02/epa-generic-multicycle-calculator-per-sae-j1634-2016-03-08.xlsx)
https://preview.redd.it/me170hr2rl7a1.png?width=917&format=png&auto=webp&s=3eef7f848e353487140bf5815e5b1b2fe642fa3a
EDIT 2: I wanna bring this post up of mine from a few months ago that wasn't factoring in weather:
Oct 20, 2022 - [4 miles driven at highway speeds, 2% battery lost = 200m per charge](https://www.reddit.com/r/lordstownmotors/comments/y9g42p/4_miles_driven_at_highway_speeds_2_battery_lost/)
In that post I linked to a guy range testing a Lightning Pro on highway at 70mph. The weather was 94 degrees and sunny getting 214 miles . The Endurance video took place in Ann Harbor, Michigan Oct 17-20th. The weather those days was more than 50 degrees colder:
https://preview.redd.it/hk5adc37vj7a1.png?width=519&format=png&auto=webp&s=23fbc2b9447b9221065ddf4307ebbd90f194a5d8
Not the coldest but the guys were in coats and the weather was noticeably worse in the Endurance video. And...
[In the cold weather, the battery just has to work harder to warm up and make the vehicle move. And in the F-150 Lightning, that means you’ll have less than 72% of the total range you should have.](https://pickuptrucktalk.com/2022/12/you-lose-what-ford-f-150-lightning-cold-weather-ev-range-loss/)
So even when the battery had to work less to warm up, the Pro got 214 miles. 72% of a 230 mile rated Lightning Pro is \~188 miles in cold weather and the Endurance was tracking for 200 miles if you watch the Endurance's infotainment center over a 4 mile range in this NACTOY reviewer's YouTube video during a cold and dreary day in Michigan in October. Not really an accurate calculation but I'm liking what I'm seeing. I think we're going to see most Endurances at work for customers in California's nicer weather for the foreseeable future, but I'd like LMC to let the media take their Endurance up against the Lighting Pro in the middle of a Michigan winter right in the Big 3's back yard.
[
Foxconn will not allow lordstown to dilute their shares with a reverse split-PERIOD!
They have already shown their colors toward any form of dilution!
Over $1.50 with a reverse split is most likely . IMO
We shall see more companies with reverse splits . $RIDE will not have any other choice but to reverse split .IMO
https://www.cnbc.com/2022/12/22/amc-plunges-after-theater-company-announces-capital-raise-reverse-stock-split.html
Lordstown Endurance™ On Site at CES in West Hall Booth 5274
Dec 22, 2022
https://investor.lordstownmotors.com/news-releases/news-release-details/lordstown-endurancetm-site-ces-west-hall-booth-5274
LORDSTOWN, Ohio, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or the “Company”), an original equipment manufacturer (“OEM”) of electric light duty vehicles focused on the commercial fleet market, today announced that the Lordstown Endurance™ full-size battery-electric pickup truck will be at CES in the Mobility in Harmony (MIH) Consortium Booth in the West Hall Booth 5274.
The light-duty truck, a finalist for the North American Truck of the Year competition, began commercial production at the Foxconn EV Ohio assembly plant in Q3. Sales started earlier this quarter.
“We are very excited to display our recently launched Endurance™ full-size battery electric pickup truck in the MIH booth at CES, and during pre-scheduled journalist night-drives on the Las Vegas strip. As Foxconn’s preferred vehicle development partner for North America, Lordstown Motors’ highly capable team of engineers looks forward to creating additional electric vehicles in collaboration with the MIH Consortium and Foxconn EV ecosystem,” said Edward Hightower, CEO & President of Lordstown Motors Corporation. “CES is the largest innovation show on the planet and has become the hub for technology collaboration in the automotive industry. We are proud to be there with our partners.”
CES PRESS CONFERENCE
Hightower will participate in the MIH Press Conference on Thursday, January 5 at 11 a.m. in West Hall Booth 5274.
About Lordstown Motors Corp.
Lordstown Motors is an electric vehicle (EV) OEM developing innovative light duty commercial fleet vehicles, with the Endurance all electric pickup truck as its first vehicle and being launched in the Foxconn EV plant in Lordstown, Ohio. Lordstown Motors has engineering, research and development facilities in Farmington Hills, Michigan and Irvine, California. For additional information visit www.lordstownmotors.com.
What did I tell you. Up 4 cents from USD 1.11.
Nice move. Soon over USD 1.50
Been buying all morning, thank you!
I wonder if we'll get there tomorrow.
Nu Ride's new five-person board is expected to appoint William Gallagher, managing director of M3 Partners — a transaction advisory firm in New York — as Nu Ride's president and CEO, according to the regulatory filing.
Gallagher faced a situation similar to Nu Ride as CEO at WMIH Corp., the public acquisition corporation that succeeded Washington Mutual Inc. — the parent of WaMu Bank in Seattle that was seized by federal thrift regulators in fall 2008. By January 2015, the shell company left over from the failure of Washington Mutual had raised close to $600 million to pursue acquisitions of financial companies that could benefit from its huge, tax-deductible losses, according to a report by the Seattle Times.
Gallagher took over as leader of WMIH in May 2015 "to oversee its acquisition strategy and manage its day-to-day affairs," according to M3 Partners.
He was responsible for "reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups," M3 says.
"Ultimately, WMIH acquired Nationstar Mortgage Holdings to form Mr. Cooper Group," M3 says. Gallagher departed from WMIH after closing the Nationstar acquisition in July 2018.
Bill Gallagher has more than 35 years of experience in finance, investment and financial restructurings. He brings deep expertise in credit analysis and has long-term management experience in the financial services industry.
Prior to joining M3, Bill was the Chief Executive Officer at WMIH Corp (NASDAQ:WMIH), a public acquisition corporation which was the successor to Washington Mutual, Inc., from May 2015 to July 2018. Bill was recruited to WMIH to oversee its acquisition strategy and manage its day-to-day affairs. While there, he worked closely with WMIH’s strategic financial partner, Kohlberg Kravis Roberts & Co. At WMIH, Bill’s responsibilities included reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups. Ultimately, WMIH acquired Nationstar Mortgage Holdings (NYSE symbol NSM) to form Mr. Cooper Group (NASDAQ:COOP). Bill departed from WMIH upon the closing of the acquisition of Nationstar as his job at WMIH was completed.
Prior to WMIH, Bill was CEO and Chief Risk Officer at Capmark Financial Group, formerly known as GMAC Commercial Mortgage (from March 2009 to May 2015). Bill was retained by Capmark to manage its financial restructuring following the global economic crisis and was responsible for the management of the company’s day-to-day affairs, the restructuring of both the company and its assets (including its $15 billion commercial loan portfolio), its bankruptcy process, and its winding down and distribution of assets to creditors and other stakeholders. Capmark was a highly successful restructuring as Bill and his colleagues significantly increased the recovery value to Capmark’s creditors.
Before joining Capmark, Bill was the Chief Credit Officer of RBS Greenwich Capital, the US fixed income investment banking business of the Royal Bank of Scotland, where he was responsible for all aspects of credit risk management. While at RBS Greenwich, Bill was responsible for a wide variety of US corporations and buy-side companies, including corporate borrowers and debt issuers, financial institutions, industrial companies with captive finance businesses, and a variety of US corporations who traded various securities with or through RBS Greenwich.
Earlier in his career, Bill was a Vice President at First Boston Corporation in that firm’s credit risk management department. At First Boston, Bill was responsible for managing credit risk to a wide variety of corporate issuers and financial institutions. Bill began his career at Chemical Bank, where he completed the bank’s credit training program and then worked as a loan officer in the middle market division and a credit officer in the financial institutions division.
Bill has a B.S. in business administration from Syracuse University and an MBA from New York University.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |