(RIDE), (NKLA) – Hindenburg Hits Lordstown Motors, Alleging Fraud In Business Operations

(RIDE), (NKLA) – Hindenburg Hits Lordstown Motors, Alleging Fraud In Business Operations

Hindenburg Research has issued a blistering short report on Lordstown Motors Corporation (NASDAQ: RIDE), accusing the company of fraud and going short on the Ohio-based electric truck maker.
What Happened: In a report titled “The Lordstown Motors “Mirage”: Fake Orders, Undisclosed Production Hurdles, And A Prototype Inferno,” Hindenburg stated an investigation into the…

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