Tom Nash
@tomnashtv·679K subscribers·911 videos
Lordstown Motors: The Wreckoning
Posted
March 21, 2021
Views
41,850
Likes
2,655
Comments
376
Engagement
7.24%
March 21, 2021
41,850
2,655
376
7.24%
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8:01Now PlayingLordstown Motors CEO, Steve burns gave a very strange interview to CNBC. According to Steve Burns himself, the Lordstown Motors Endurance truck has only gone through 20,000 miles of road testing. He also mentioned the motors for the truck being based on scooter motors and mainly he cliamed that he never said he had binding pre orders or sales, which got Jim Cramer to say some really horrible things about him. I think this is the end of the Lordstown Motors Stock and the company as well, but let's wait and see how it plays out.
Please note that as with ANY post or video I make this is NOT financial advice and strictly my opinion and may be totally wrong. Do your own research please.
Note that past performance is not a guarantee of future results. Don't assume an investment will continue to do well in the future simply because it's done well in the past.
I currently DO NOT hold a position in Lordstown Motors or Workhorse, long or short. I do not plan to open a long neither position in the future.
This is strictly my opinion, so do your own research and make up your own mind. This is not financial advice, just entertainment, so be careful!
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