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Tue, 06/27/2023 - 3:50pm

Lordstown Motors files for Chapter 11 bankruptcy

Lordstown Motors, electric vehicle maker which specializes in pick-up trucks, filed for bankruptcy protection, put itself up for sale, and announced a lawsuit against Foxconn, accusing its biggest shareholder and former partner of setting out to "destroy" its business. CNN Business Senior Writer Peter Valdes-Dapena has more.

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