The ability of Lordstown Motors to stay in business for at least another year remains in doubt until it secures more funding and its market value rises, its finance chief said after the electric-truck maker sold its factory to raise cash.
Lordstown Motors Remains Concerned About Ability to Stay in Business, CFO Says
Wall Street Journal - 17 May 2022 02:54
The ability of Lordstown Motors to stay in business for at least another year remains in doubt until it secures more funding and its market value rises, its finance chief said after the electric-truck maker sold its factory to raise cash.
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