{
  "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": 22,
  "pageCount": 53,
  "prevPage": 21,
  "nextPage": 23,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 7,
  "notes": "The slide uses a direct screenshot of the company's own marketing material to set up a later critique of the underlying assumptions.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "screenshot",
    "data_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b97-2cc02e385014/22",
  "deckHref": "/decks/019dd923-622c-750b-8b97-2cc02e385014",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b97-2cc02e385014.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b97-2cc02e385014#slide-22",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "XL CLAIMS A HIGH POSITIVE ROI OF 55.7% FOR FLEETS",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-14dc-7419-88c8-abbb814876a6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Return on Investment: 55.7%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-14dc-7419-88c8-ace2d5809eb7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.55,
        "x": 0.05,
        "y": 0.19
      },
      "kind": "paragraph",
      "text": "XL CLAIMS A HIGH POSITIVE ROI OF 55.7% FOR FLEETS",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca6e4eef-a457-4657-bf95-a210ba54afce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.05,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "4 Source: XL September 2020 Presentation, p. 30",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c6958b7f-22ba-4bd6-9329-34aab0dc2833",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.38,
        "x": 0.31,
        "y": 0.307
      },
      "kind": "table",
      "text": "Saving Calculator table showing fuel, maintenance, productivity, and engine savings leading to 55.7% ROI",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "489b8ad5-baa3-4001-8ec2-ed640d23a8b5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "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": "43b78d57-3dff-477d-aa3d-69a3509ec32c",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "4239f12b-f75e-4837-a13c-2f34117426fb",
      "evidence": "The slide explicitly labels the company's claims as 'misleading' and prepares to debunk the underlying assumptions.",
      "confidence": 0.9
    }
  ],
  "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
}