Lordstown Motors Looks to Reset Its Course a Day After CEO’s Exit

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Executives at troubled electric-truck startup Lordstown Motors said Tuesday that the company has enough interest from potential buyers to sustain factory output through the end of 2022 and remains on track to start limited production in September

Executives at troubled electric-truck startup Lordstown Motors Corp. said Tuesday that the company has enough interest from potential buyers to sustain factory output through the end of 2022 and remains on track to start limited production in September.

The two top leaders resigned unexpectedly after a board committee found inaccuracies in the way the company discloses preorders for its forthcoming all-electric truck.

 

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