The Ledger
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Sternlicht: Lordstown Motors committed fraud and lied about vehicle orders
“They front run the trade. They lied about their orders. They made up the car. It was a fraud. The model they showed the street was not active.”
Tesla produces equal or more Scope 1 and 2 emissions than GM
“On scope one and two, for example, Tesla has the same or even more emissions per unit volume than do GM and Ford.”
Grantham: Pre-revenue QuantumScape was briefly worth more than General Motors in 2020
“It exploded to a 131 by the end of twenty-twenty. For a second was worth more than General Motors. Years away from having any sales.”
Mauboussin: GM and GE remain top 20 lifetime wealth creators
“For example, you think about the leaderboard, the top 20 greatest wealth creators of all times, and it would include some suspects you would guess, which would be Apple and Microsoft and Amazon and Alphabet and so forth, but it also includes things you might n…”