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  "documentTitle": "XL Fleet (XL)",
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  "authorName": "Muddy Waters Capital",
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  "notes": "Uses a visual 'X' overlay on company logos to signify inactivity.",
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      "text": "The list shrinks by over half after removing reportedly inactive customers:2",
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      "text": "2 Inactive customers defined as no reorders over at least 2019 - 1H 2020, per interviews with three former XL employees. NB: Large fleet customers should generally request rolling vehicle replacements each year.",
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