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  "documentTitle": "Xos | SPAC Presentation Deck | 51 slides",
  "authorId": "xos",
  "authorName": "Xos",
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  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-02-01 00:00:00",
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  "pageNumber": 37,
  "pageCount": 51,
  "prevPage": 36,
  "nextPage": 38,
  "slideType": "competitive_analysis",
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  "density": "dense",
  "nDataPoints": 12,
  "notes": "The slide uses a bar chart to compare valuation multiples, with Xos highlighted in orange and peers in light green.",
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  "slideHref": "/slides/019de070-c34c-758f-b88c-1bb8213d3b0a/37",
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      "text": "85% Discount to Median",
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      "kind": "disclaimer",
      "text": "(1) Workhorse and Nikola estimates based on IBES median estimates. (2) Assumes implied enterprise value of $1,450mm. (3) Median excludes Xos.",
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      "text": "Source: Company filings, Bloomberg, Capital IQ and IBES median estimates as of February 19, 2021.",
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