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Lordstown Motors says it still has $220 million in cash as it grapples with production issues and an EV pivot

Por: CNBC Business March 06, 2023

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In this articleSignage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021.Dustin Franz Bloomberg Getty Images said Monday that it still had more than $220 million in cash at the end of 2022, despite ongoing challenges that halted production of its Endurance electric pickup after just six were delivered.Shares closed down almost 9% on Monday following the report.Lordstown , the Endurance pickup truck, in... + full article



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