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Juschilln

06/15/21 7:16 AM

#1252 RE: aileninvader #1250

New leadership is an absolute must. This is very good for the future of the company.
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Garyedward71

06/15/21 9:24 AM

#1256 RE: aileninvader #1250

I'm not completely sold on this whole fleet sales concept. Sure it would be great to make some large block sales. If I were running the show I'd be focusing on a massive leasing program. Think about it, one of the biggest obstacles to Lordstown's success is that this is a startup company that is attempting to market an untested and revolutionary new design. If there's a major drawback to Lordstown's initial acceptance it's the possibility of putting your hard earned cash down and ending up with a lemon. Even if there's a massive recall you'd still be out your money and Lordstown would be insolvent and unable to resolve any issues if their technology is a complete bust. With a massive leasing program consumers wouldn't be on the hook if they ended up with a lemon. Consumers would be much less hesitant to make the big move and jump into an Endurance truck. Their cash wouldn't be on the line if the Endurance is a flop. Lordstown could literally find suiters for their trucks as fast as they're rolling off the assembly line. The leasing terms could be altered until the sweet spot is found, 1stmonth no charge, 2months no charge etc. At some point that small contractor that may be a month behind on their other payments is going to sign up.