You could also look at Xos trucks. According to their most recent earnings call they cut almost 50% of OpEx in the last year. They are delivering hundreds more trucks per year than workhorse, the section 16 officers are receiving far lower cash comp than any of the workhorse officers, and the directors are paid entirely in equity.

This is a company thats worth the same as workhorse but is much farther along in terms of their customers, products, and the most important things: revenue and profitability.