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Electrical Or Skeptical? Critics Weigh In On The Electric Vehicle Market

You are currently viewing Electrical Or Skeptical? Critics Weigh In On The Electric Vehicle Market
  • Post category:Blogs

Lordstown Motors and their ambitions are seemingly dashed after so much that has happenned. From being delayed by the pandemic to the short-selling fraud claims, this electrical vehicle company has put many on the edge and a little bit over-the-top with how trustworthy electrical vehicles are.

Lordstown is still kind of stuck. An electrical funk.

Unlike many of their well-known big-auto companies, because they still haven’t really released a car.

And, to speak personally, I get it. It’s always nerve-wracking to have to release a vehicle when times are seeming uncertain. I almost wonder if it’s all really about keeping the electrical movement going so as to distract from the truth. Could that be? No one who’s on the outside may entirely understand how that may be. In all truth and honesty, it’s still a business. Dependent on providing the customer with thoughts of what they need to prevail in life “on their own.” Too be fair, it’s not the consumer’s fault that we’re so easily swayed by marketing. But Lordstown, and many other electrical vehicle companies are now receiving the blowback by investors a plenty. Now, we have a problem on our hands. Or rather on their’s.

Some investors, knowingly joining the green fight against climate change so that they can generate some green themselves, are super eager to snag the next Tesla’s wave of success. If not to help the cause, then to fill their wallets’ holes.

As was previously in-the-know, Hindenburg Research has made it known that Lordstown is just giving away lies-a-plenty. Short sellers, being investors and all, are those who place bets when the stock falls. In other words, the more a company like Lordstown the SPAC merger fails, the more the short sellers profit from such a tragedy. Isn’t that kind of nice? Commensalistic relations at it’s most passive-aggressive. Hindenburg calls Lordstown a “mirage.” They state the the company had 100,000 pre-orders, and yet, some of those orders are just false. Like, the companies aren’t even interested in helping Lordstown out. They just want to show face, and kiss babies.

One critic says this: “Until we actually see a car on wheels and driving around, investors and analysts won’t be convinced.” Gotta agree. Give us what we want, Lordstown. Or you’re just going to burn the entire electrical vehicle industry down to the bulb.

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