Lordstown Motors accused of 'fictitious' orders that misled investors
Hindenburg Research alleged that Lordstown's 100,000 preorders are "largely fictitious." Shares of the EV maker plummeted nearly 20% on the news.
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Hindenburg Research alleged that Lordstown's 100,000 preorders are "largely fictitious." Shares of the EV maker plummeted nearly 20% on the news.
The German carmaker's chief executive hasn't been shy about his aspirations to "catch up with Tesla."
Disney will provide a firm reopening date in the coming weeks, CEO Bob Chapek said. The company lost billions last year because of park closures.
In emails to the California Department of Motor Vehicles, Tesla said it doesn't expect the beta software to get significant enhancements.
EVgo President Joe Biden wants the US to build 500,000 electric vehicle charging stations over the next decade. The US could have 35 million EVs by 2030, requiring millions of plugs where the country only has 100,000. More plugs would do wonders for an industry transition to EVs, but enticing companies to build them isn't always easy. With plans to eliminate the country's carbon footprint by 2050, Joe Biden could easily be the greenest president in American history. But achieving such a flashy goal will involve plenty of work in much more mundane areas, like ...