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LMC is a mirage that paid outside consultants to pad the order numbers to increase investor confidence. Founder Steve Burns used unethical and deceptive business practices and untested components to make the electric commercial pickup truck called Endurance.  And the report raises questions about how much technology the company has, just as Hindenburg did at Nikola. It cites specifics of a lawsuit alleging LMC stole at least some intellectual property and poached employees from another startup electric vehicle (EV) maker. ‘Half-truths and lies Burns told The Wall Street Journal the Hindenburg report contained half-truths and lies. He said Hindenburg is trying to hurt the stock before the company reports its first quarterly update as a publicly traded entity next week. Burns did not return a call from FreightWaves.

United statesJim cramerJames taylorWhite knightSteve burnsDuane hughesTrevor miltonMary barraMorgan stanleyDiamondpeak holdings corpUs postal serviceWorkhorse groupLordstown motors corpWolfe researchHindenburg researchRf lafferty co