Second fire wasn't just a test vehicle, it was a vehicle that had already been crash tested months earlier. Must not have been able to drain all the cells and one finally shorted prior to full disassembly.
@@TruCunt nope, if 1 thing you need to know about capitalism, it's all about funding and capital, it make sense for the company to do so, what doesn't make sense is the investor that doesn't do their due diligence.
Is this a good time to buy stocks/crypto in the Europe? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to manoeuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere.
@Dailami Puang I agree, that's the more reason I prefer my day to day investment decisions being guided by an inv-coach, seeing that their entire skillset is built around short & long term holdings for profit realisation, coupled with the exclusive analysis they possess, it's near impossible to not out-perform. I've been investing with a coach literally for 4years, and have accrued approx. $1.4m in net-profits thus far.
@Dailami Puang I am guided by *Robin Brezik* I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
Once the traditional guys gets on with the times, no ev startups will make it. Rivian might have just made it out the door but it’s also on treading on thin ice…
Lordstown has a similar chance as tesla - cheap factory. Problem was the bet on a truck . Batteries like efficient light cars. No one should have been allowed to sell their shares.
Klimate propagandist... NOTHIN like the way u said sir !@, they probably put specific vaporize ev close to ur pump/ev station , using lordstown' & gigatesla' & mexican' factoryplant + evmanufactures. U knew these pupilt tricks . . . . . Theyonly care about how to mad3 americans provid3s them needs using am3ricans capitalis ar3a
I invested in this company sadly from the lies told to investor. Kinda sucks how many people lost money and won’t get anything. SEC will fine them and get their money but shareholders won’t get anything. Burns should be put in jail for life.
I won’t still buy Ford and GM in my life. My first car Ford Escort failed starter in cold freezing winter. GM Buick SUV sponsored by Tiger Woods stopped in the middle of highway passing Texas on the way to New Olreans. Ford and GM are no thanks for our family.
The name is awful. Plus it looked and felt cheap. No surprise they went bankrupt. Build a desirable product with quality, innovation and convenience and it will sell.
Who in their right mind would buy stock in this garbage of a company????!! The amount of mismanagement and, I'm pretty sure overinflated salaries, is beyond stupid.....😊
"They recalled the trucks... all nineteen of them."
hahahaha ouch 🤣🤣🤣
proud owner of this stock, I'm only down 97%!
Hopefully you only betted what you were willing to lose.
Hopefully it just goes to 0 so you can atleast say you bought a complete failure lol
Me too
SAME BOAT! 🤢
Well, there is always tax-loss harvesting you can do.
Second fire wasn't just a test vehicle, it was a vehicle that had already been crash tested months earlier. Must not have been able to drain all the cells and one finally shorted prior to full disassembly.
Never even heard of Lordstown until this video
Why did they go public without sales 😭🤦♀️🤦♀️🤦♀️
Literally every ev startup, what do you expect, they just want to ride the wave of ev boom and dumb investor seeking the next tesla.
@@gimmick206 it’s dumb. People are stupid. These companies are going public without having a foundation first. 🤦♀️🤦♀️🤦♀️
@@TruCunt again literally every 2020-2021 IPO free money era
@@gimmick206 I get it but again if you want a company that’s going to flourish just don’t go public before having a sturdy foundation.
@@TruCunt nope, if 1 thing you need to know about capitalism, it's all about funding and capital, it make sense for the company to do so, what doesn't make sense is the investor that doesn't do their due diligence.
They were doing ads even before producing a car
Is this a good time to buy stocks/crypto in the Europe? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to manoeuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere.
@Dailami Puang I agree, that's the more reason I prefer my day to day investment decisions being guided by an inv-coach, seeing that their entire skillset is built around short & long term holdings for profit realisation, coupled with the exclusive analysis they possess, it's near impossible to not out-perform. I've been investing with a coach literally for 4years, and have accrued approx. $1.4m in net-profits thus far.
@Dailami Puang I am guided by *Robin Brezik* I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
Never heard of it. 😒
Poor folks of Lordstown, Ohio. The rust belt grows
And the south fills up!
Once the traditional guys gets on with the times, no ev startups will make it. Rivian might have just made it out the door but it’s also on treading on thin ice…
Not really true. There will always be room for startups to succeed and thrive.
A story similar to Nikola but much more pathetic. The only winners in both cases were the ones who sold their shares at the peak of their valuation.
Another fake it until you don't make it tech company.
It was stupidity from the start! Without PMF , public listing was ought to be catastrophic!! Could have raised Privately from VC funds rather!
#472👍😤When the large share holders dumped their stock it was the proof they were crooks and the company was on the way out. What pigs?!
Im most sorry for the workers(both Factory & Office) & the pending bankruptcy will not have their wellbeing in priority of course
Lordstown has a similar chance as tesla - cheap factory.
Problem was the bet on a truck . Batteries like efficient light cars.
No one should have been allowed to sell their shares.
Dude the whole thing was a Scam from the get go. Pump and Dump at it's finest.
Klimate propagandist... NOTHIN like the way u said sir !@, they probably put specific vaporize ev close to ur pump/ev station , using lordstown' & gigatesla' & mexican' factoryplant + evmanufactures. U knew these pupilt tricks . . . . . Theyonly care about how to mad3 americans provid3s them needs using am3ricans capitalis ar3a
GOD in Jesus name 》 the only system breaker 🕊🕊🙌🎼♥️🎼🙌🎼🕊🕊🔥🔥
Downvoted because the WSJ didn’t do any due diligence, and Hindenburg Research are the real heroes of this story.
I love this comedy series.
And now they actually filed for bankruptcy
They had the hub motor too. Wow
Go Rivian Go
Im surprised land rover didnt buy them.
Now time to do a video about Fisker.
I invested in this company sadly from the lies told to investor. Kinda sucks how many people lost money and won’t get anything. SEC will fine them and get their money but shareholders won’t get anything. Burns should be put in jail for life.
Totally fine name for a town in ohio, confounding name for a car company.
what is lordstown Motors?
They should make either a SUV or a delivery van.
I won’t still buy Ford and GM in my life. My first car Ford Escort failed starter in cold freezing winter. GM Buick SUV sponsored by Tiger Woods stopped in the middle of highway passing Texas on the way to New Olreans. Ford and GM are no thanks for our family.
Never heard of this company.
Uuuughh the EV mail trucks from a company that doesn’t make EVs and then the announcement that only 10% will be EVs. That money is gone.
To be fair, the truck looks way better than Rivian.
You're trolling. Rivian's are gorgeous, this is hideous.
Yeah right, Rivian trucks look 100x better than this. These trucks look like a straight rip off of Ford F150s.
@@gregorywilliams2962 Even worse, like a rip off of a Silverado.
How many ways do you declare them dead before you finally bury them?
Getting in the e v game late is a waste..
Y'all, they printed the Internet to highlight, literally, snippets and headlines.
The name is awful. Plus it looked and felt cheap. No surprise they went bankrupt. Build a desirable product with quality, innovation and convenience and it will sell.
John 3:16-21
Why not build a nice light cheap EV. All those heavy SUVs and pickups are bad for the road and deadly for pedestrians
Looked bad from day 1. thanks
Do not buy poor american quality cars
get two horses and tie them to your car to get real horse power
Kek, now they are bankrupt
Who paid you to write this article? See you soon in the court!
It was a pump and dump. Lol
WHO?
I actually purchased their stock and lost money lol
Who in their right mind would buy stock in this garbage of a company????!!
The amount of mismanagement and, I'm pretty sure overinflated salaries, is beyond stupid.....😊
Another EV bites the dust
Grift? …Grift
😂😂😂 loosing 15k
Kの呪い？
the most ugly vehicles
its a grift
Lol😅
📊✊⚡💧🌱☇🌞🚘🚌🚐🚉👍
About a video on a decline of walstreet journal, ahaha I havent heard frok this clowns in years ...
why anyone would listen to donald trump on business matters is beyond asinine
They are all junk and are gonna cause a greater harm to the environment than the dam gas vehicle..