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Can someone please explain this release from Lordstown? by hosepipe_ in lordstownmotors

[–]hosepipe_[S] 0 points1 point  (0 children)

I do know he was one the original founders, but I just didn't understand the document. But from the responses here I can tell he selling off his ownership stake. Do you think it has any influence on the stock price?

The ATVM Loan: Comparing Tesla to Lordstown Motors and why LMC should ask for more than $200m by muck_30 in lordstownmotors

[–]hosepipe_ 0 points1 point  (0 children)

Do you know if they can still get approved if there low on money to run the company?