Bottom Drops Out of the Red-Hot Market for Electric Vehicle Start-Ups (paywall)

Lordstown Motors said it would start producing and selling electric pickup trucks this year, but there is little evidence it is ready to do so. Its stock has tumbled from a high of about $30 last year to around $8.
Read more: https://www.nytimes.com/2021/05/12/business/lordstown-stock-price.html?source=Snapzu