{
  "docId": "019dd923-622c-750b-8b97-2cc02e385014",
  "docSlug": "86aeeaf4ca9c",
  "documentTitle": "XL Fleet (XL)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Muddy Waters Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-03-03 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2941177,
  "pageNumber": 17,
  "pageCount": 53,
  "prevPage": 16,
  "nextPage": 18,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "The slide uses a contrast-based approach to set up a later debunking of the claims.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "process_diagram",
    "screenshot"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b97-2cc02e385014/17",
  "deckHref": "/decks/019dd923-622c-750b-8b97-2cc02e385014",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b97-2cc02e385014.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b97-2cc02e385014#slide-17",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "XL MISLEADINGLY CLAIMS THAT ITS TECHNOLOGY LEADS TO 25%+ MPG GAINS",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-14dc-7419-88c8-7b234a6bf313",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.72,
        "x": 0.14,
        "y": 0.31
      },
      "kind": "diagram",
      "text": "XL Fleet is Well-Positioned Across Electrification Spectrum",
      "attrs": null,
      "subkind": "process",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8007cdcf-22e9-4604-b705-822a6a11050a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.28,
        "x": 0.53,
        "y": 0.56
      },
      "kind": "list",
      "text": "Innovative plug-in hybrid system that is revolutionary in its simplicity. Highly-efficient – capable of driving up to 50% savings in MPG",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "366525c3-78f8-4651-ba0a-2c982cdd2eb4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.28,
        "x": 0.17,
        "y": 0.56
      },
      "kind": "list",
      "text": "Improve MPG (~25%) & meet sustainability goals without compromising performance. No operational risk or infrastructure required for fleet operators.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8909c8a0-e614-4052-b4b6-298598902dda",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "MPG gains: 50%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-14dc-7419-88c8-7f11835a75df",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.1,
        "x": 0.05,
        "y": 0.24
      },
      "kind": "paragraph",
      "text": "The claims:",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "16010b5b-1653-4229-8a9d-9085806d96f0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.79,
        "x": 0.05,
        "y": 0.19
      },
      "kind": "title",
      "text": "XL MISLEADINGLY CLAIMS THAT ITS TECHNOLOGY LEADS TO 25%+ MPG GAINS",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a05a1dbf-df06-45b8-9f42-44c7b630e668",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.76,
        "x": 0.12,
        "y": 0.1
      },
      "kind": "title",
      "text": "Misleading Customers About Mileage Gains and ROI",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "57dee161-0d88-467a-a9fe-525194c0fd63",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "d0ebb8a1-dc35-4a82-9efa-61ff6ee0324b",
      "evidence": "The slide explicitly labels the company's claims as 'misleading' and sets up a contradiction.",
      "confidence": 0.95
    }
  ],
  "arcBeats": [
    {
      "to": 24,
      "from": 7,
      "beatId": "d57d5f7c-550f-47ee-a761-71fdfdaba0f8",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Expose Contradiction",
      "beatSlug": null,
      "evidence": "The document exposes contradictions in XL Fleet Corp's claims",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}