$Lordstown Motors (RIDE.US)$ Lordstown Motors (RIDE): This ...

Lordstown Motors (RIDE): This company is a mess. Management lied about its pre-order volumes. The CEO and CFO were ousted. The DOJ is investing the company. Lordstown itself issued a warning that the company may not even have enough cash to keep the lights on. In the hyper-competitive EV market, there’s no way this company survives – especially since, even if Lordstown does survive today’s optical issues, no good engineer is going to want to work for them, and so, they will forever be starved of talent. Bankruptcy is the likely outcome here.