Now it is Lordstown Motors.Among other allegations is this one:"Burns confirmed LMC paid consultants to generate preorders, understood to be nonbinding as a way to assess market demand. He denied misrepresenting those as firm orders, though he told Yahoo Finance in January that LMC had "presold 100,000 electric pickup trucks." Burns described the reservations as "very serious orders" when pressed by CNBC's Jim Cramer."Hindenburg vs Lordstown MotorsStartups are difficult.

:SSweet! Another EV thread! I wonder if they talk about campers all day on the EV forums??Lol

Groover wrote:Now it is Lordstown Motors.Startups are difficult.Specially if starting it with fraud.One, forgot who, showed unpowered their vehicle going downhill mis-representing it as a test and proof of concept.

I would be careful throwing stones from a glass house, or throwing steel balls at the window.

Yosemite Sam1 wrote:Groover wrote:Now it is Lordstown Motors.Startups are difficult.Specially if starting it with fraud.One, forgot who, showed unpowered their vehicle going downhill mis-representing it as a test and proof of concept.That was Nikola. Kinda funny actually. Their footage of their semi in motion was a glider going downhill. Lol. :). I think one of the big two had some kind of stake in them. Maybe ford?

Reisender wrote:Yosemite Sam1 wrote:Groover wrote:Now it is Lordstown Motors.Startups are difficult.Specially if starting it with fraud.One, forgot who, showed unpowered their vehicle going downhill mis-representing it as a test and proof of concept.That was Nikola. Kinda funny actually. Their footage of their semi in motion was a glider going downhill. Lol. :). I think one of the big two had some kind of stake in them. Maybe ford?That was GM.Ford's problem is that their contracted battery supplier was found guilty of patent infringement so now their battery supply is in question.Also, for all of the people competing with Tesla's self driving tech a major bump in the road may have just surfaced.Lidar may be a hazard to societyTesla is the only one I know of that is not relying on Lidar.

Another Tesla competitor in question | Good Sam Community

Reisender
Nomad
Mar 16, 2021
Yosemite Sam1 wrote:
Groover wrote:
Now it is Lordstown Motors.

Startups are difficult.

Specially if starting it with fraud.

One, forgot who, showed unpowered their vehicle going downhill mis-representing it as a test and proof of concept.

That was Nikola. Kinda funny actually. Their footage of their semi in motion was a glider going downhill. Lol. :). I think one of the big two had some kind of stake in them. Maybe ford?
Dadoffourgirls
Explorer
Mar 16, 2021
I would be careful throwing stones from a glass house, or throwing steel balls at the window.
Yosemite_Sam1
Explorer
Mar 16, 2021
Groover wrote:
Now it is Lordstown Motors.

Startups are difficult.

Specially if starting it with fraud.

One, forgot who, showed unpowered their vehicle going downhill mis-representing it as a test and proof of concept.
Grit_dog
Navigator
Mar 16, 2021
:S

Sweet! Another EV thread!
I wonder if they talk about campers all day on the EV forums??
Lol

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