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Workhorse shares surge as Trump reports deal with GM over Lordstown plant

Steve Goldstein

Shares of Workhorse Group surged 32% as President Trump, in a tweet, said that General Motors is selling its Lordstown, Ohio, plant to the Cincinnati electric vehicle company, subject to UAW approval. Trump in another tweet added that GM will spend $700 million in 3 separate Ohio locations, creating 450 jobs. Neither company immediately confirmed the deal.