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15 Mar
12:06

Hindenburg blasts Lordstown, pre-order claims

Hindenburg Research has released a seemingly damning report on electric vehicle start-up Lordstown Motors, Kallanish reports. Hindenburg, which has taken a short position on Lordstown’s stock, claims that the company deliberately inflated its pre-order figures and could be more than three years away from production.  Hindenburg also accuses ceo Steve Burns of unethical behaviour befitting a “con man” or “PT Barnum,” according to…
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