Contrarian Corpus
Muddy Waters vs. XL Fleet Corp

XL Fleet Corp · XL

1 deck published between 2021-03-03 and 2021-03-03 — 53 pages, 53 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2021-03-03 initial thesis

    2021 03 MW_XL_20210303

    53pp · full_deck

    XL Fleet is SPAC trash: salespeople were paid to fabricate pipeline, most touted customers are inactive, ROI is actually negative, and the stock is worth a fraction of its billion-dollar SPAC valuation.