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Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker

Goldman, which was working with Mr. Hamamoto and arranged $500 million in additional financing for the acquisition, ran only a standard background check on Mr. Burns — a public-records search […]




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Workhorse Stock Plunges After Losing USPS Contract

“We don’t have the three or four extra billion dollars in our plan right now that it would take to do it,” said Mr. DeJoy, an appointee of former President […]




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For Companies Like Workhorse, A Race to Be the Tesla of Delivery Vehicles

A fleet operator might spend about $300,000 to own and operate a diesel truck over 20 years, but the cost of owning an electric truck may be less than half […]