Lordstown ceo out as report confirms order scandal, deems in wheel motors “viable”

Lordstown CEO out as report confirms order scandal, deems in-wheel motors “viable”

Lordstown Motors CEO Steve Burns in assembly plantThe Ohio-based electric vehicle startup Lordstown Motors announced Monday morning that both CEO Steve Burns and CFO Julio Rodriguez are stepping down from their posts. The timing corresponds to the release of a special committee investigation that was created in March, after a report released by an activist short-seller, Hindenburg Research cried…