Lordstown Motors partner Foxconn claims Breach of agreement - what is going on? #mxux ride$ #lex
Channel: m xux
Date: 2023-05-02

Lordstown Motors (LEX, RIDE) and Foxconn (Fox) are is a disagreement over the partnership that will fuel both company's BEV efforts. What is going on? Lot of misinformation on this out there. This is a look at the facts. 

This is a link to Ford's most recent earnings report review by CNBC - note fleet / commercial sales revenue - the biggest reported - this is the same market the present Lordstown Endurance BEV Pick Up is being delivered to: 

https://www.cnbc.com/video/2023/05/02/ford-beats-on-top-and-bottom-lines-boosted-by-fleet-and-legacy-truck-divisions.html

This is a link to a video from Stoic Finance just released with some interesting commentary on political ramifications re: Black Rock: https://youtu.be/JzuMZpxzgK0

Good luck in the market - MXUX

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Disclaimer Please Read and Note: $RIDE (Lordstown Motors) is a high risk/risk on investment - please know and understand the risk associated with this security - do your own due diligence - presented materials are  not a recommendation to buy, sell or hold any security. Not an engineer, accountant, lawyer or financial advisor. This is not financial advice. Do not buy, sell or hold securities based on this information. This is a business case study. Please do your own DD and confirm the presented material to your own satisfaction.