Short-seller Hindenburg says Lordstown Motors Faking EV truck pre-orders 

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He confirmed Lordstown paid consultants to generate pre-orders. And says they were understood to be non-binding. He explained this was to “assess market demand.” And denied the practice was a misrepresentation.

 A Lordstown Motors spokesperson responded in TechCrunch on Friday afternoon. “We will be sharing a full and thorough statement in the coming days, and when we do we will absolutely be refuting the Hindenburg Research report,” the email statement said.

 

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