Lordstown Motors Turmoil Highlights SPAC Risks
P.M. Edition for June 14. Lordstown Motors was one of the highest-profile electric-vehicle startups to go public via SPAC last year. Now two of the company's top executives have stepped down, following a report about inaccurate disclosures by the company. Reporter Ben Foldy joins host Annmarie Fertoli to discuss what the developments could mean for Lordstown's future, and what they say about the risks of SPACs.
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