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

In the United States, it seems as though everything Foxconn touches turns to shit. (7/27)

More bad karma for Lordstown Motors.  (7/25)

Foxconn and Lordstown Motors engage in a war of words.  (7/24)

Take the money and run.  (7/18)

Lordstown Motors corporate welfare debacle in Ohio.  (7/17)

Wisconn Valley.  Voltage Valley.  File under 'Foxconned'.  (7/16).

Read a review of an EV truck you'll never drive.  (7/12)

Add India to the list of places where Foxconn has pulled out.  (7/11)

Lordstown Motors debacle: Sounds like Foxconn has more mischief up its sleeve.  (7/11)

Lordstown Motors continues to swirl down the toilet.  (7/10)

June

Embattled Lordstown continues to make headlines.  (6/29)

It's another Foxconn debacle as Lordstown Motors files for bankruptcy.  (6/27)

Vote of 'no confidence' from Lordstown Motors founder Steve Burns.  (6/22)

InvestsorPlace warns that Lordstown Motors RIDE will crash and burn.  (6/14)

Foxconn goes from Wisconsin bamboozle to Lordstown chicanery.  (6/13)

Lordstown/Foxconn EV debacle on verge of morphing into legal slugfest.  (6/11)

You're in for a bad RIDE with Lordstown Motors according to InvestorPlace.  (6/10)

Foxconn debacle at Lordstown is running on empty.  (6/5)

Foxconn/Lordstown Endurance partnership:  And the hits just keep on coming.  (6/3)

It's all over town, Lordstown's Endurance lacks endurance.  (6/2)

May

The slow drip of bad news out of Lordstown becomes a gusher, part 2.  (5/29)

The slow drip of bad news out of Lordstown becomes a gusher, part 1.  (5/29)

Not making good on a pledge?  It's a Foxconn speciality!  (5/28)

Foxconn/Lordstown Motors deal.  Tick.....tick.....tick..... (5/24)

January

Slow drip of bad news out of Lordstown continues for Foxconn.  (3/19)

2022

Slow drip of bad news out of Lordstown continues.  (5/22)

2021

Four years in, Foxconn still hopes to hit a bullseye.  (10/1)

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

Apparently, that's not what Scott Walker heard.  (12/19)

Just wondering what else in this Foxconn op-ed is off the mark.  (11/17)

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

Keeping tabs on Foxconn Place in

Eau Claire

Green Bay

Madison

Milwau

kee

Racine