Electric-truck maker Lordstown's CEO, CFO resign, shares slump

Electric-truck maker Lordstown's CEO, CFO resign, shares slump

The Star Online - Tech·2021-06-14 21:01

(Reuters) -Lordstown Motors Corp on Monday announced the sudden departure of its chief executive and finance head, just days after the electric truck maker warned that it may not have enough money to stay in business over the next year.

The resignations of founder and CEO Steve Burns and Chief Financial Officer Julio Rodriguez come as the company's board reported conclusions from an internal investigation into claims made by short-seller Hindenburg.

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