Lordstown Motors stock drops after earnings stoke case for skepticism BLOOMBERG The Lordstown Endurance electric pickup. Lordstown Motors Corp. (Nasdaq: RIDE) shares tumbled Tuesday, May 25, after the electric-vehicle company cut its full-year production expectations for its Endurance pickup truck and said it will need outside capital. Shares fell 7.4%, trimming some of their earlier losses but leaving the stock down more than 50% this year. The company's report prompted analysts at Goldman Sachs and Morgan Stanley to cut their price targets. Risks have increased in the wake of the company's report, according to Goldman Sachs analyst Mark Delaney. He cut Lordstown shares to neutral in April due in part to the additional risks of ramping up production and the increasingly competitive landscape, and both factors are occurring "in a more material way than we had expected."