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Lordstown Motors

BobJudyBobJudy Member Posts: 6,671 ✭✭✭✭
edited November 2019 in General Discussion
The company that just bought the Lordstown plant and equipment says they will be producing electric pickup trucks by the end of 2020. I can't seem to find any advance specs on the vehicles. I am kind of curious about things like range, payload, towing capacity and so on. I know 90% of the pickup trucks sold don't do any more work than grocery hauling. If a normal gas work truck runs low on fuel it takes just a few minutes to fill it up. When a battery needs recharging it take a heck of a lot longer. For the worker time is money and he better not run out of juice half way through the workday. How about the people towing a trailer or fifth wheel - just a couple hundred miles at most and then done for the day? Before all the blackouts California would have probably been their biggest market. Now probably not. I was talking to a young friend at dinner last night and he was pretty happy about this. He bought the stock at 2 and it went up to 3. He made a 50% increase in his investment. I asked him about product details and he had no idea.

So what do you guys think? Practical? Pipe dream? Scam to relieve investors of their money? Bob

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