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US Truck Startup Lordstown Files for Bankruptcy After Foxconn Deal Falls Through

(Bloomberg) Lordstown Motors Corp. filed for bankruptcy after the electric truck startup’s investment agreement with manufacturing giant Foxconn Technology Group rapidly unraveled.Most Read from BloombergPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’The 10 Worst US Airports for Flight Disruptions This SummerRussia Latest: Putin Says Mutiny’s Organizers Sought to DividePutin Faces Historic Threat to Absolute Grip on Po ....

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Lordstown to Sell Ohio Plant to Foxconn in $280 Million Deal

(Bloomberg) Lordstown Motors Corp. agreed to partner with Foxconn Technology Group in a $280 million deal that has the startup selling its former General Motors Co. factory in Ohio to the. ....

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Lordstown Motors' Cash Crisis Eclipses Recent Meme-Stock Status News

(Bloomberg) Lordstown Motors Corp. posted its biggest two-day decline since October after the electric-vehicle startup said its current level of cash may not be sufficient for it to stay in. ....

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