headquarters in Lordstown, Ohio, U.
In an SEC filing on Monday, Lordstown warned that there is substantial doubt regarding our ability.
REUTERSDado Ruvic. . .
m. is looking into what caused one of the company&225;s Endurance pickup. 3 decline at 11.
is scheduled to release earnings figures on May 24.
Lordstown Motors Corp.
May 23, 2023 May 23, 2023, at 725 a. May 5, 2023 &0183;&32;Foxconn, an Apple supplier, signed a deal in November of last year to invest 170 million in Lordstown Motors, but the Ohio automaker recently said it could be forced to file for bankruptcy given.
Starting an automotive company from scratch isnt exactly an easy task, and many have.
. Given the dispute with Foxconn, Lordstown is taking. .
. Ohio-based EV maker Lordstown Motors says it is considering bankruptcy following the threat of funding cuts by Taiwanese investor, Foxconn. FILE PHOTO Lordstown Motors and Foxconn logo is seen in this illustration taken, May 2, 2023. . .
1 day ago Lordstown Motors will issue a reverse stock split, a last-ditch move meant to pull the EV automaker out of the penny stock doldrums and salvage a deal with Taiwanese manufacturer Foxconn.
14 hours ago Lordstown Motors Corp. .
said Monday that a disagreement with its contract manufacturing and development partner, Foxconn, could send the electric vehicle startup into bankruptcy court.
9 lower on the reverse stock split news.
2 days ago &0183;&32;News.