LMC | NEWS | BETAS | FY CALL | NEW VAN | LEAK | #MXUX #$RIDE #ENDURANCE #LORDSTOWN MOTORS #FY20 CALL
Channel: m xux
Date: 2021-04-02

This vid was rushed to get this information out - a lot of news covered here - a new vehicle - finances - Baja Race....

So this video starts with a "Cliff Notes" summary of the first earnings call for LMC. Anybody remember Cliff Notes? If you do you know what I mean - just the basic information - and questions asked by some analysts. 

Exec Summary: No debt - funded to meet 60k unit production in 2022 - will have $200mil + cash on hand as well.

The principles were cagey about the demand for the Endurance Fleet EV Pick  Up Truck - obviously with the SEC looking in after the short report they have to be. What was said was super encouraging - you have to read between the lines and look at all the information here to get the picture. The picture is bright.

Big announcement was confirmation that the next product will be a Hi-Top Van based on the Endurance 4wd EV platform. This will be sold primarily to their business partner Camping World.  The first EV Camper. The picture is bright here too. I will put a link below to a recent report on the explosive RV sales happening now.

Also mentioned - brought up by an analyst - not LMC principle - DOE Advanced Vehicle Manifesting loan probability. See the vid for LMC response. I will also put a link below to a vid about Aptera Motors founders - it includes a section on how these loans were doled out in 2008 - interesting.

My favorite part of this vid is the review of the Wall Street Analyst's questions. You really have to watch the vid for this.

In any case this was a late night production rushed to get out ASAP - and had to be edited twice - there are typos so forth - I will try to re-do the project, but like all my vids I put getting the information out as the top priority - my apologies.

April 5, 2022 - Correction - in the video I mention 5x in regards to mileage -  the point made should be that the LMC Endurance get 5 times better mileage than an ICE vehicle - for the same unit if input - 5 times as efficient as an ice vehicle - my apologies this was not clear in the video.

Thanx for watching.

Kind regards, 

MXUX

Link to RV sales trend analysis CNBC:
https://youtu.be/Wx3eElgY9aE

Link to Aptera Founders Video:
https://youtu.be/8hbD3EYp1zs

Link to MXUX LMC Video Collection:
https://youtube.com/playlist?list=PLiHXa-a37CFNCfGVf1hKY-tBvjq0Ig2-Y

Link to trophy truckin - great channel recommended - San Felipe Race Vid referenced here:
https://youtu.be/1RTatYEofNI