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Struggling startup Lordstown Motors gets $400M investment

FILE - In this June 22, 2021, file photo, the Lordstown Motors Baja truck is displayed during a media tour to the Lordstown Motors complex in Lordstown, Ohio. Lordstown Motors, an Ohio company that has come under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged that it has received two subpoenas from federal regulators and that prosecutors in New York have opened an investigation. The Securities and Exchange Commission asked in a pair of subpoenas for documents related to the company's merger with DiamondPeak, a special purpose acquisition company. (AP Photo/David Dermer, File) FILE - In this June 22, 2021, file photo, a mural is displayed on the wall outside the Lordstown Motors plant in Lordstown, Ohio. Lordstown Motors, an Ohio company that has come under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged that it has received two subpoenas from federal regulators and that prosecutors in New York have opened an investigation. The Securities and Exchange Commission asked in a pair of subpoenas for documents related to the company's merger with DiamondPeak, a special purpose acquisition company. (AP Photo/David Dermer, File) FILE - In this June 22, 2021, file photo, employees stand near Endurance truck beds during a media tour of the Lordstown Motors complex in Lordstown, Ohio. Lordstown Motors, an Ohio company that has come under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged that it has received two subpoenas from federal regulators and that prosecutors in New York have opened an investigation. The Securities and Exchange Commission asked in a pair of subpoenas for documents related to the company's merger with DiamondPeak, a special purpose acquisition company. (AP Photo/David Dermer, File)