Lordstown Motors hangs on by a thread, increasing costs and decreasing outlook

Teslarati
By Joey KlenderFeb 28, 2022, 3:29 pm189 pts
Lordstown Motors (NASDAQ: RIDE) reported its Earnings for Q4 2021 on Monday morning, revealing increasing costs and a decreased production and delivery outlook has the automaker hanging on by a thread. The company has struggled for the past year to bring its products to market, balancing low cash flow with…

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