Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We were a smaller team this week, with Natasha and Alex
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Troubled EV company Lordstown Motors gets $400M lifeline in stock-sale agreement
Five weeks after Lordstown Motors issued a warning that it might not have enough funds to bring its electric pickup truck to market, a hedge
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Department of Justice opens investigation into EV startup Lordstown Motors
Lordstown Motors continues to stumble. The beleaguered electric vehicle startup is now being investigated by the Department of Justice, in addition to an ongoing investigation
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The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in
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Lordstown Motors reverses claims about ‘binding orders’ for electric pickup truck
Lordstown Motors does not have binding orders from customers for its electric Endurance pickup truck — a reversal from claims made earlier this week by
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Lordstown Motors now says that it has no binding orders for EV truck
Enlarge / In June 2020, Lordstown held an hour-long election rally for the Trump campaign disguised as an event to unveil the Endurance electric pickup
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