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Lordstown Motors execs cite binding orders to restore confidence a day after CEO, CFO resignations

Lordstown Motors execs cite binding orders to restore confidence a day after CEO, CFO resignations

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Lordstown Motors has enough ‘binding orders’ from customers to fund limited production of its electric pickup truck through May 2022, executives at the company said Tuesday just a a day after an executive shakeup that included the resignation of the company’s CEO and CFO. Reaching that goal will come at a cost.

...read full article on TechCrunch

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