The Twentieth Century Motor Company of Starnesville, Wisconsin.....................
Its real, a real joke.
They still dont have a prototype.
Will the factory run on renewable energy?
No more hard questions OK?
There is certainly some funny business going on with the Governer’s grandson as their lobbyist, the stock offering, etc, but I think much of that is business as usual in today’s corrupt USA. No idea if they will survive, but you have to laugh about the company that is pushing for their failure.
“Hindenburg Research, named for the famous blimp disaster, is a short seller, which means it places massive bets that pay off when a company’s stock goes down”. And of course they publish and push out “reports” that scare investors and crash the stock so they make money. That pretty well sums up the state of the current short sellers market, along with the “Game Stop” short squeeze fiasco. Unreal that it’s all legal.
I’m still waiting to see an Elio out in the wild.
obviously not enough diversity among the ranks, executive staff and procurement channels to keep this turd afloat .
I foresee some offshore accounts getting very fat just ahead of the company declaring bankruptcy.
Former President Donald Trump even touted the company’s Endurance electric pickup truck prototype at an event at the White House last year in the heat of the presidential campaign.
Lectric vehicles are like solar energy. They can only do it with mass infusions of taxpayer dough.
And that breeds corruption like crotch yeast in August.
fascinating, in-depth research showing that Lordstown Motors is nothing but a total fraud and scam:
https://hindenburgresearch.com/lordstown/
No problem, not with an electric automotive expert like Terry McAulliffe at the helm...
“How much taxpayer $$$ did they get?”
The article that you posted mentions $4.5 million in grants from Jobs Ohio. That compares with the $675 million it raised when it went public last fall. It’s a listed stock on the NASDAQ.