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The Latest Breaking News from Damon Inc

Damon's Founder and Former CEO Is Suing the Company, and It's Getting So Messy

Jay Giraud, who founded Damon Motors with the current CEO, Dom Kwong, is suing the company and half its employees after being forced out last year.

RideApart · Oct 2, 2025

Damon Motorcycles Only Has 13 Employees Right Now, and Two Are Contractors

According to recent filings, Damon Inc. has only 11 full-time employees working for the company, and two contractors. The hopes of its EV superbike are rapidly fading.

RideApart · Oct 1, 2025

EV Motorcycle Startup Damon Motorcycles Gets Another Headache: A $3.2 Million Lawsuit

One of the startup's original investors, Andy DeFrancesco, is suing Damon Motorcycles for failure to provide promised stocks. But DeFrancesco's history with the brand is murky and filled with interesting asides.

RideApart · Oct 1, 2025

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Damon Motorcycles Is Probably Getting Removed From Nasdaq, As It's Lost All Value

Despite everything, Damon Motorcycles is still around as of this writing. It still hasn't produced a motorcycle, lost both its CEO and co-founder, Jay Giraud, and CMO Amber Spencer, and late last year, saw the return of co-founder Dominque Kwong, who assumed the role of CEO after Giraud's departure. The…

RideApart · May 2, 2025

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