Wednesday, February 15, 2023 8:23:33 PM
Foxconn will rape this company for profits...already happening--Foxconn owns the manufacturing plant that Lordstown couldn't pay for. Worse yet, Lordstown has inadequate cash for liquidity going forward--it will be forced to bow down to Foxconn for future cash at the expense of investors. Foxconn will own this or the other auto makers will destroy it. The Ford 150 Lightning has SO MUCH MORE RANGE. Plus, the Tesla truck is on deck to mock this truck. Ford and Tesla have cash. Lordstown doesn't.
Want More Proof: Road and Track said the Lordstown Endurance truck "Doesn't have what it takes" and goes further to say "The company is an unknown, hungry startup aiming to unseat powerful establishment players. The product doesn't reflect that mission."
This stock is a fraudulent dying wanna be with a bad product and terrible liquidity.
Link: https://www.roadandtrack.com/reviews/a41967324/lordstown-endurance-doesnt-have-what-it-takes/
Want More Proof: Road and Track said the Lordstown Endurance truck "Doesn't have what it takes" and goes further to say "The company is an unknown, hungry startup aiming to unseat powerful establishment players. The product doesn't reflect that mission."
This stock is a fraudulent dying wanna be with a bad product and terrible liquidity.
Link: https://www.roadandtrack.com/reviews/a41967324/lordstown-endurance-doesnt-have-what-it-takes/
Bearish
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