(Reuters) -Lordstown Motors Corp's new chief executive said on Thursday his focus will be on making sure the electric vehicle maker successfully rolls out its pickup truck in the face of intense regulatory scrutiny. After that, raising further necessary funds will take care of itself.
The Ohio-based startup appointed Daniel Ninivaggi as CEO, handing over the reins to the former employee of investor Carl Icahn, sending shares up as much as 41%, before they later fell back to a 16.5% gain.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
