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Workhorse surges 16% after President Trump views Lordstown’s EV pickup Endurance at the White House

The Endurance.
  • Workhorse surged 16% on Monday after it was reported that President Trump viewed the Lordstown Motors 2021 Endurance pick-up truck on the South Lawn at the White House.
  • Workhorse owns a 10% equity stake in Lordstown Motors, which is targeting a 2021 launch of its electric pick-up truck.
  • DiamondPeak Holdings also jumped 12% on the news, as the SPAC has previously announced that it will merge with Lordstown Motors, bringing the company public once again after Workhorse spun it off in 2019.
  • Visit Business Insider’s homepage for more stories.

President Donald Trump’s viewing of the 2021 Endurance electric pick-up truck produced by Lordstown Motors spurred a 16% jump in shares of Workhorse.

Workhorse owns a 10% equity stake in Lordstown, which was spun off as its own independent company from Workhorse in 2019.

Eamon Javers of CNBC tweeted on Monday, “Now pool reporters have been brought

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