valuation

Business

Lordstown Motors’ Ability to Stay in Business Hinges on Raising Capital, Valuation, CFO Says

Lordstown Motors Corp.’s ability to stay in business for at least another year remains in doubt until it secures more funding and its market value rises, its finance chief said after the electric-truck maker sold its factory to raise cash. Lordstown, which aims to launch its first vehicle this year and doesn’t generate any revenue […]

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