Friday, July 28, 2023

Foxconned: Another bad karma day for Lordstown Motors

 
Screenshot from 2020 video by Retiring Guy
Headline: Transport Topics 7/27/2023

See below, "Take the money and run", 7/18/2023
Judge Mary Walrath on July 27 permitted rival vehicle maker Karma Automotive to move forward with an upcoming trial in California against Lordstown. The outcome of the trial will determine which company owns assets related to the Endurance that are being marketed to potential buyers, she said. 
Walrath also said she worried that the investment bank Lordstown retained to help sell its assets, Jefferies LLC, wasn’t informing potential bidders about the ownership dispute with Karma. 

Other Foxconn and Foxconn/Lordstown posts:
2023
July

June

May

January

2022

2021
GET ME REWRITE: Yes, Foxconn's $100 milion pledge to UW-Madison was nothing more than a cynical election ploy by Scott Walker.  (8/11)
The mysteries of Foxconn (season 2).  (5/12)
The collapse of Donald Trump's '8th Wonder of the World'.  (4/20)

2020
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them.  (10/23)

Keeping tabs on Foxconn Place in


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