Wkhs usps deal. A better play is Arrival (ARVL).

Wkhs usps deal Workhorse does not have the ability, machinery, or engineering talent to fulfill the USPS contract even if they somehow won. Dont take this as investment advise. As a result, I continue to recommend that long-term investors avoid WKHS stock. Get A FREE STOCK ON ROBINHOOD! CLICK HERE: https://join. (NASDAQ: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced today that it has filed a formal complaint with the United States Federal Court of Here’s my call: Assume that USPS deal isn’t going to happen. Maybe not over $10 I think the least the court may award over the usps issue may be workhorses costs, if wkhs wins, plus legal fees. 9 Billion by 2032, growing at a CAGR of 34. WKHS - Buy the Rumor USPS One More Time? USPS $12 Billion !!! on r/WallStreetBets It is deju vu WKHS does not need the USPS business, but the USPS would be MUCH better off with todays WKHS, but the odds of it happening now are slim to none. Postal Service (USPS) contract to rival, Oshkosh Corp. 2o per share. 5 Billion and is set to reach USD 29. Wild horses cannot stop us from betting that Trump will push for a Lordstown deal Posted by u/MMaschin - 23 votes and 24 comments The one thing I think is different right now is that the USPS deal was going to be a mammoth jump start and much of the stock price increase was due to that alone. They're tiny. They need to deal with the USPS Or even better, OSK went to WKHS with the proposal to partner instead of going to court. 29 today, traded between $26-$28 for most of the day, and then plummeted down to $13. Keep moving forward WKHS and the revenues will pour in. USPS was NEVER going to pick WKHS and they still won't no matter how much Dems in congress complain. Workhorse (NASDAQ: WKHS) appears to have multiple red flags. LNTH hit a 52-week high. Author: u/EdweenKing (Karma: 187, Created: Jan-2021). 35ARKX04/12/2021 Buy WKHS 98138J206 WORKHORSE GROUP INC 128,4000 sh. Home page Seeking Alpha - Power to Investors. The USPS is also in Posted by u/kissin_frogs - 35 votes and 58 comments As a result, WKHS stock, which still has a fairly large market capitalization of $1. dphc is 139 votes, 27 comments. Open menu Open navigation Go to Reddit Home A USDA/WKHS DEAL could be around the corner: “The Global Agricultural Drones Market Size in 2022 stood at USD 1. Postal Service further delayed a contract for new mail trucks. WKHS is VERY well positioned, They Just need to produce Damn that is such a good idea, even if they had to donate it, just to stick it to all the haters and those who still make fun of WKHS for not getting the USPS contract. The whole meme stock frenzy of WKHS started from speculation (USPS deal) with high short interest. When the company does, WKHS stock will pop in a huge way. UPS also has invested in them. Crypto If Gatik can be run with WKHS trucks, that would be a big story of Electric delivery truck with autonomous driving and can push this stock above 50. Buy OSK shares or, if you’re brave like me, Posted by u/PlanConfident - 94 votes and 42 comments USPS and WKHS ain't gonna happen now. June 30th for Wkhs and July 1 for osk 🤷🏻‍♂️🤣🤣 Posted by u/Aut1stArt1st - 24 votes and 2 comments Posted by u/DOGE_DILLIONAIRE - 15 votes and 17 comments Well, 90% of this company‘s value is based on them getting the USPS deal. The bottom line is that WKHS has a large market, they just need to ramp up production, deliver a dependable well built product, fill the existing orders and the new contacts will come. I wrote my thoughts out a few weeks ago. NEM set a new 52-week low. It’s a little too much for me to explain. Postal Service delivery-truck deal to Oshkosh Corp. Like 4chan found a Bloomberg Terminal. Wkhs Usps Postal Realty Trust, Inc. Tropos Technologies CEO John Bautista is highly critical of the electric vehicle market. Posted by u/slbabogado - 26 votes and 24 comments I have more info on that. com serves over 100 million customers today, with the world’s fastest growing crypto app, along with the Crypto. But please, read the sidebar rules before you post. If things went south and the contract were to be reversed, I do believe there would be a much larger suit against USPS than what is going on with WKHS at the moment. Without a multi-billion dollar deal, WKHS stock is dead in the water. could basically get a free EV fleet if they were to purchase a large or majority stake in wkhs and then place a large order for the W56. Story Continues OSK Points of Note Workhorse partners with Hitachi to secure the USPS deal (My opinion) Previous WKHS DEEP DIVE VIDhttps://youtu. If the SP remains this low the financing deal will result in many more shares being created than if the SP was up more. Well, 90% of this company‘s value is based on them getting the USPS deal. (“Merger Sub”), and Lordstown Motors A lot of that price action wasn't about USPS hype, because I have seen so many stocks which went up a lot at the same time, lets use a similar sized EV manufacturer, GreenPower for example: I do not think WKHS will be able to build W56's fast enough in 2024 to fill the demand, and probably not in 2025 either. They are about the same time. Today, Workhorse told analysts that it is not going to give up the fight for the USPS contract. WKHS recently announced that it is voluntarily withdrawing its lawsuit protesting the United States Postal Service’s (USPS) decision to let Oshkosh’s OSK Defense arm build During this 10 day period, USPS and management apparently work to resolve the disagreement (WKHS claims that USPS made zero effort to resolve the disagreement which even if true doesn't matter if you keep reading). So I personally do not fear an RS, but the risk of extreme dilution. Posted by u/blingblingmofo - 6 votes and 31 comments Investors have shown a lot of love for all manner of electric vehicle manufacturers in 2020. Their brakes failed during the USPS test and injured a driver. Winning all or most of the USPS contract is a huge near-term The deal with the Ontario, Canada-based truck leasing and sales company is split between Workhorse’s C-1000 and C-650 models and is subject to various production and delivery conditions Posted by u/Diaper_Gravy - 5 votes and 49 comments Postmaster Generals Potential conflict of interests USPS 6 B Deal #WKHS # OSK ? First of all wkhs Short interest high as hell i think 30% ? Someone fact check this? I know apes like short interest high Some basic DD Wkhs was supposedly the only EV bid submitted for USPS contract, and President had just said to renew all federal fleets to EV. 37 votes, 18 comments. With Workhorse (NASDAQ:WKHS) facing multiple new risks on top of numerous red flags, I continue to recommend that investors sell WKHS stock. Just trying to make it clear that investing in any securities based on the pending USPS contract is less about the qualifications of the companies themselves and more about how USPS decides to implement/revise those qualifications in Workhorse Group (NASDAQ:WKHS) says it has entered into a note purchase agreement under which it will sell $200M aggregate principal amount of its 4. the USPS wants WKHS's NGDV, From what I read in the media the USPS contract with OSK is for 50,000 to 165,000 postal vehicles over 10 years. And Notice, they brought the Another USPS contract delay is disappointing news, but far from a deal-breaker for Workhorse and WKHS stock. The Greenies will be placated with sweet smelling, tasty bullshit, and won't fight to hard for EV 33 votes, 16 comments. true. This could be BIG. 0% Senior Secured Convertible Notes due 2024 to . Good opportunities should be shared with everyone. The stock fell over 50% in the process. #WKHS #workho InvestorPlace - Stock Market News, Stock Advice & Trading Tips My name is xxxxx xxxx, I work for the X. robinhood. Source: Photo from WorkHorse. Of course the US federal gov wants full fleet electrification, but if oshkosh/MVST gets this deal, then it isnt a huge step to get more. Postal Service to a unit of Oshkosh (OSK), which reportedly partnered with Ford (F) on the bid. a big catalyst for shares was the coveted deal with the United States Postal Think about it, what if OSK settles the case with WKHS, but in exchange, they ask to have some interest in the Drone Patent that WKHS has. Hi! I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! If the post above contributes to the sub in a meaningful way, please upvote this comment! If this post breaks the rules of r/SPACs, belongs in the Daily, WKHS is partnering with Lordstown Motors (Whom they own 10% of) to produce the USPS fleet in the case of them getting the contract. This could be a 500M deal for a 2 billion MKT cap stock. This is all speculation. If I were WKHS, I would be looking far a decent % in a settlement ASAP, considering the Time and $$ that going to Court would cost. A company such as UPS, FedEX, Amazon, USPS, etc. I think all parties already have a settlement in mind if the Judge does not dismiss the case. Why should peeps miss out on the highest shorted EV stock that’s already in fruition. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Readers would remember that the US Postal Service (USPS) had awarded the entirety of a 10-year, $6 billion contract to Oshkosh (NYSE:OSK) to build next-generation delivery vehicles, thereby The immense selling in WKHS stock came after the electric delivery van maker lost a multi-billion dollar U. There’s enough wishful thinking out there among the speculating set for all of us; let’s show some cool-headed rationality. ARVL has a 10k van order with UPS with another 10k possible on deal. So don't bet on it. WKHS attorney's better bring their "A" game and be prepared for battle. Investors have shown a lot of love for all manner of electric vehicle manufacturers in 2020. So despite the insane level of short interest in this stock, its not getting the attention from the masses at WSB like GME View community ranking In the Top 10% of largest communities on Reddit Anything is possible—USPS-WKHS/RIDE Join me on Patreon and help support the channel https://www. There is also the possibility that the Congressional Committee doing the investigation will force the USPS to unwind the OSK deal since it clearly does not come close to meeting the Biden during the solicitation period. (“DiamondPeak”) issued a press release announcing that it has called a special meeting of its stockholders (the “Special Meeting”) for October 22, 2020 to, among other things, approve the proposed business combination (the “Merger”) with DiamondPeak, DPL Merger Sub Corp. I just like this stock. We could potentially see $100mil based on a wkhs win, which at the time of writing would result in 8% gain on current prices Regardless, let’s assume they sell and Kingsburg got a sweetheart deal ($125k each) on old inventory, that’s still $17M+ in sales, plus the 68 W56 order, which is another $13M+, For some reason, that’s WKHS for you. I see his NET worth is around $15mil and I believe he still owns a lot of WKHS shares. WKHS opened at $28. Honestly the biggest take away from this article was the postmaster saying they only plan to electrify 10 percent of their fleet. WASHINGTON (Reuters) -Electric vehicle company Workhorse Group filed a legal challenge on Wednesday to the U. Just my thought on the situation. patreon. ” 147 votes, 58 comments. X. 3 billion for whatever company wins the contract. CINCINNATI, June 16, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. Postal Service (USPS) decision in February to award a multibillion-dollar, 10-year contract to CINCINNATI, Sept. Since it is measly 41 truck, he should have left them with customers and announce NEW ones to be having higher payload. Cannabis stocks rallied on hope of renewed momentum towards decriminalization. At the end of the 10 days, USPS must communicate their decision to WKHS which they did on the night of the 10th day. Tldr: MVST and Oshkosh might steal the 6B USPS fleet deal from WKHS. 15, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. Happy Saturday everyone I'm not gonna lie, I came to work on a Saturday, hoping to make some more money to invest on The USPS has Contract Officers to award their contracts. If this lawsuit forced USPS to give WKHS an equitable Does it mention the fact osk was being investigated for insider trading during the Usps deal and wkhs insisted such?? That’s probably why Wkhs was mentioned by sec to begin with. When one party files a lawsuit gets another, but a different party has an interest in the lawsuit and the outcome, that party can come in as an "intervenor" which is what OSHKOSH did. USPS Contract Snub Will Haunt WKHS Stock for a Long Time. WKHS Stock Rises on USPS Comeback. Maybe a deal that says that WKHS can build the EV with some OSK parts or participation, AND that OSK can also utilize the drone patent and technology and pay WKHS for exclusive rights to use it (besides of USPS bid withdrawal is just decision of CEO that is not too bright to be honest equally as withdrawing 41 OK trucks. I also wonder what will happen if they don’t get the contract with USPS. It is June and the horse is running just like it did 12 months ago when it went from penny WKHS stock tumbled over 50% on Wednesday following reports of a USPS contract miss. com Visa Card — the world’s most widely available Also, during the lawsuit the USPS said the main reason for them going with Oshkosh instead of WKHS was that they did not believe that WKHS had the ability to fulfill the contract. It’s an old piece of shit with a Tesla sign on the front it’s EV. If the company does win the USPS contract in December, then WKHS stock will have clear visibility to enormous gains over the next few years. S. Positioned for a Decade of Hypergrowth. Electric vehicle company Workhorse Group (WKHS. They were kicked out of the top 5 for that and bought back in with another company to get back in the top 3. The contract is worth nearly $6 billion, and Workhorse was long I'll write a longer post mortem, but I mischaracterized the IV catalyst as the Lordstown public offering rather than the potential USPS deal, which very well may be announced by 9/31. It is June and the horse is running just like it did 12 months ago when it went from penny Companies that were depending on the contract, like Workhorse Group (NASDAQ: WKHS), quickly fell on hard times. 9%” -ACUMEN WKHS is not invested in RIDE they sold them some patent rights and own 10% of them and were going to join forces if the USPS deal happened but it didnt they are somewhat sister companies but RIDE going down means nothing to WKHS. Close Lightbox Download the free report here: Now, WKHS stock is down another 25% as of this writing to around $2. I would hate to be short wkhs if/when they announce a large purchase order especially if it was from a large company such as UPS, FedEX, Amazon, USPS, etc. Summary. 9 billion and likely incorporates some hope of a USPS deal, is likely to languish for the foreseeable future and They have a flagship product that has decent orders but they were banking on the USPS deal, which they lost. WKHS jumped on a deal with USPS. workhorse wkhs, the only ev company bidding for the usps contract to replace mail trucks. I may need to go through my pictures but I took one of the Tesla. this contract is 6 billion and getting this contract would mean a n The USPS likes they vehicle runs the same, not a Hodge podge mixture. USPS ordered from OSK because of DeJoys behind the sceenes connections to OSK. Though shares will temporarily rebound, it's time to sell WKHS stock is trading on the hope that the USPS lawsuit will revive the bidding review and earn Before Workhorse stock peaked at over $40 earlier this year and before the failed USPS deal, The deal implies a $1. A better play is Arrival (ARVL). Workhorse currently sells for 30 cents per share and is at risk of bankruptcy . r/stocks WKHS stock is hurting from the USPS contract loss to Oshkosh, DeJoy’s ouster is not a done deal. WKHS can't build a truck. If I were OSK and did not fear my Skeletons being exposed, I would ask for a trial by jury and bury WKHS in legal fees, forcing them to take far less or back off for lack of legal funding. WKHS was a $3 stock earlier this year for good reason. The suit against the USPS is dead, but he may be responsible for WKHS Legal fees in that suit as well. com is the best place to buy, sell, and pay with crypto. Oshkosh is the Lockheed of Mil Spec Trucks and I'm sure has most of DC in their back pocket. USPS deal related FUD should be overcome Workhorse (WKHS) shares crater by almost 50% after rival Oshkosh wins key USPS next generation delivery vehicle contract. I chose WKHS over ride for one main reason. It is deju vu all over again. 58 votes, 35 comments. I doubt there's room in there for meddling in the USPS' affairs for how it allocates contracts. With the talk of WKHS being involved in a new USPS deal, I think we will get news before the end of the year of a OSK and WKHS partnership, or at least a resubmittal. Posted by u/BadAndBrokeTrader - 35 votes and 29 comments That itself can be their defense in this case, since they were nominated for the contract and announcing the new manufacturing site. Welcome on /r/stocks! Don't hesitate to tell us about a ticker we should know about, market news or financial education. They are basically WKHS, but a legitimate player. 10, and have been invested since the loss of the USPS deal hoping for a bounce back for an American start up with a dream for rocking the last mile delivery world with their sleek trucks. wkhs will rely on - (dphc) which will also rise based on wkhs movement. The USPS contact would have been nice but I’m in no way banking on it. Since osk owns xpo you’d think this would immediately make the usps deal null and void Give WKHS the small right hand drive door to door delivery trucks that on average travel under 17 miles per day. But, at least for now, WKHS stock seems to lack any other catalysts. DeJoy started a logistics company from scratch and sold it for 600+ million dollars. WKHS has the ability, OSK has the scalability. Where i found the pic. The White House wants to move forward with EV NGDVs and don't need to spend another year evaluating other manufacturers. The company is solid and taking orders unlike NKLA But this judge has not taken a side, he will go by the letter of the law. They have no chance of providing the hundreds of thousands of vehicles that the USPS needs. THE perfect fit for electric and it eliminates any expensive infrastructure arguments. To be clear though, I'm not endorsing any SPACs here. Further to the settlement theory, it’s possible USPS was concerned the judge would rule in favor of WKHS on the motion to dismiss question (the subject of the now canceled hearing) and allow WKHS to proceed on the merits of the case, in which case WKHS would be entitled to seek discovery and obtain USPS and possibly OSK files, emails, docs, etc and depose USPS and Workhorse stock drastically dropped in the last hour of trading, after news of the company losing the USPS contract bid to competitor, Oshkosh (OSK). In this article we explain the history of the company and why we've flipped from short to long Workhorse. The USPS is currently spending $2Bil a year in maintenance and fuel, EV's will cut these It's still hard to justify Workhorse's (NASDAQ:WKHS) current valuation, even if we take the possible USPS contract into account. Originally called AMP Electric Vehicles, the USPS awarded the contract to Oshkosh (NYSE: OSK). (NASDAQ: WKHS) had its price target lowered by It is important to note the deal inked between the USPS and OSK is open-ended, meaning USPS can tack on additional money for even more delivery trucks down the line. WKHS Stock has 200%+ Upside Potential. Reply reply Workhorse didn’t win the USPS deal and WKHS stock immediately suffered the consequences. The whole point was that WKHS didn’t get a fair shake. That contract can stay in place with no hassles so long as USPS does in fact allow OSK to build the minimum 50,000. be/0oGSp8uPQjEWKHS Q2 Earnings VIDhttps://youtu The Creditors approved debt as they were betting on WKHS getting the USPS contract. However RIDE going up is good for WKHS. I posted this in WKHS page but if this theory holds true could be a big contract for RIDE. They're Posted by u/slbabogado - 181 votes and 48 comments Not sure of everyone's interest in WKHS. WKHS presented 6 working prototypes to the USPS and they flunked during testing. Business, Economics, and Finance. com/andrewm10107Hello,Today I am talking about my prediction for $WKHS stock. USPS Contract Snub Will Haunt WKHS Stock for a Long Time Workhorse is in one of the fastest-growing industries and is involved in a unique niche in the space. While the Endurance looks like a good truck, breaking into that market will be a lot tougher than the last mile delivery segment that WKHS has targeted. YES, I forgot his name, Duane Hughes was 100% to blame for the lawsuit, as well as the failure and recall of the C-1000. YMMV. FOR fell on earnings. 14M subscribers in the wallstreetbets community. 6B value for Lordstown and $675M of the proceeds will be used to find production of the Endurance model. Not a big deal as either way as 41 is nothing, but would have supported stock price much better. Each particular style truck needs to built by a single manufacturer. Right now, a LOT of people have bad tastes in their mouth due to what happened with USPS along with all the crazy organized shorting and blatant lies about the company in that regard. On October 8, 2020, DiamondPeak Holdings Corp. Skip to content. Nikola has since admitted to purposely rolling a truck down a hill to mask the appearance The USPS’ obligation to order the minimum order quantity under the contract (50,000 units) is contingent upon USPS satisfactory completion of the National Environmental Policy Act (NEPA) Environmental Impact Statement (EIS) process. It is June and the horse is running just like it did 12 months ago when it went from penny Investors in WKHS stock were crushed when the company lost a U. Workhorse stock continued Electric vehicle company Workhorse Group voluntarily dismissed on Tuesday its legal challenge against a U. Disclaimer. Crypto. But I think WKHS has a bright future with it without the USPS deal. The stretch catalyst would be either a reversal Tesla and other consumer EV companies have shown no interest in last mile and the WKHS product is real and in market already (despite <40 deliveries last quarter). GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. While the government continues to delay the awarding of the estimated $6. Like why? You’re buying new vehicles already and are getting a federal mandate to electrify by the 2030s. Below is a copy pasta from my post: Thoughts on WKHS: The next generation delivery vehicle (NGDV) and Lordstown Motors Been in WKHS since before they lost the USPS deal, so yes, I’d love to see a major squeeze happen. While WKHS struggles to gain its bearings after losing to Oshkosh, 139 votes, 27 comments. Find the latest WKHS210416C00044000 (WKHS210416C00044000) stock quote, history, news and other vital Workhorse was best fit for the USPS deal. That said, although dems are trying to overturn the USPS deal, I haven’t heard any serious talk of giving the deal to WKHS. Still waiting on the USPS order. 50 at the bottom. Compete, Don’t Envy. The USPS deal would establish Workhorse as a leader in the industry. That is because this contract is no small deal. However, financials for the company WKHS stock is on the move today after posting a surprise profit and sharing plans to follow up with the USPS. The Lordstown facility in Ohio was allowed to be purchased by WKHS in a WKHS investors are hopeful for a USPS deal July 20, 2022 By William White, InvestorPlace Writer Jul 20, 2022, 1:00 pm EST July 20, 2022 Workhorse stock is gaining As the market focuses on some of the major electric vehicle companies, Workhorse (WKHS) is slowly building an order book in the last-mile delivery van sector. In his nearly 20 years in the industry, he said he’s developed an innate ability “to sniff out a bad company from the get-go. DeJoy’s ouster is not a done deal. A lot of people are speculating that Workhorse Group secured the USPS contract because recently in Lindin Workhorse COO is hiring 200+ people. It has a head start over competitors, orders from UPS, and a licensing deal with Lordstown Motors. The House and Senate have MUCH more important work right now between stimulus, COVID bills, and setting up Biden's 100 day policy. People love to think the company is a shoe in for the USPS deal, but that’s simply not the case. #wkhs #workhor Workhorse's (WKHS) dismissal of the lawsuit against USPS comes as the company wants to pursue multiple business opportunities available for its last-mile delivery trucks and drone system. WKHS can sell EVERY truck they can build. The stock originally surged on the The same people shorting it are also long, looks like they are hoping to create a RS and then work out a deal for more shares from the company, unless they are already selling them ATM like some have suggested, either way I’m long on WKHS and eventually I expect patience to prevail, we have an actual product now and orders will follow, I also think the stock could be way oversold, Let’s see howmany posts the moderators can delete then . may come from the funding allocated to the USPS in the Biden Infra bill Cisco to buy Splunk in $28 billion dollar deal. The loss of the USPS contract doesn't ruin Workhorse's business. Xxxxx Xxxxx, I own 10,170 shares at an average price of $7. Dauch is going to build the highest in demand trucks first while taking advantage of the Gov't rebates. Buy WKHS Puts expiring in April. wkhs is a long term investment and with usps - 75-100% the market cap rises and additional contracts will poor in. Postal Service (USPS) decision in February to award a multibillion-dollar, 10-year Thanks! Trying to avoid becoming the very cesspool of misinformation I set out to avoid. By lacking the capabilities to manufacture large orders and having a I got lucky and bought those when they were low, so I don’t have a ton to spend but I do have some. Not sure how you learned about this, but if true it can really squeeze all liquids from shorts. Posted by u/No_Advertising6532 - 74 votes and 5 comments Posted by u/SnooCakes409 - 63 votes and 64 comments This is why WKHS did not fight the USPS deal with DeJoy! MORE IS COMING and EVEN BETTER without Corruption! SMART CEO! Reply reply More replies More replies. Workhorse (WKHS) has been a prime beneficiary, with shares up by a massive 645% since the turn of the year. With the contract and its estimated 50,000 to 165,000 NGDV’s landing in the lap of Oshkosh WKHS is suing the USPS, and as a federal agency, the US Attorney (aka USA) represents USPS. O) filed a legal challenge on Wednesday to the U. I think WKHS would not come out on top by taking a subcontract from OSK. This one happened to be a "BIG ONE" so the PMG made the announcement. WKHS had some really good investment bankers, or the underwriters need to be fired because this was pure speculation, which is a big bet for debt financing. This lawsuit is a distracting speed bump. 3 billion contract, Workhorse signed a deal with Pride Group Enterprises for 6,320 C-Series all-electric Workhorse will win the USPS contract. Check How Workhorse can survive missing out on a $6 billion USPS contract, according to experts. This is a long term hold for me. The lack of a USPS deal is a reminder to investors of the risks WKHS got an order of 6300 EV trucks. With the contract and its estimated 50,000 to 165,000 NGDV’s landing in the lap of Oshkosh He just sounds salty and was probably a WKHS holder. It would allow for economies of scale for vehicles sold to other, mostly commercial customers. While WKHS struggles to gain its bearings after losing to Oshkosh, USPS is also proposing to purchase over 34,500 commercial off-the-shelf delivery vehicles over two years, which bodes well for Workhorse Group (NASDAQ:WKHS). All Work, No Horse. While WKHS's success is not predicated on a USPS order, they have a big head start over other potential candidates due to having built a prototype and made a proposal to USPS not long ago. Probably for good reason after all the problems Rick found with the C-1000. WKHS already has a relationship with USPS and even if it has a 33% chance of a 1/3 share of the $6b deal, my analysis doesn't hold. com A new report by a WKHS stock slumped by 24% last week as investors averted near-term risks from the USPS deal not yet getting confirmed. Workhorse didn’t win the USPS deal and WKHS stock immediately suffered the consequences. My PT is $ 100 by september. (NYSE: OSK). Here is a video in 2019 of the Lordstown Motors CEO speaking about the GM production facility they Workhorse Report – Download Link Workhorse’s USPS Bid has Numerous Critical Failures: Executive Summary: A few weeks ago, Hindenburg Research exposed Nikola, a high-flying EV company, as an alleged “intricate fraud”. Another key point. 711 votes, 150 comments. Now with the Lordstown plant up, the Endurance in production, and the plant run by Foxconn with massive capital, that issue is no longer the case. Would make for a decent news story: "Workhorse, Despite Losing USPS NGDV Contract, Successfully Delivers Electric Vehicle to USPS Ahead of Contract Winner" 25 votes, 31 comments. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing On March 3, 2021 Workhorse met with USPS representatives to discuss the award and further specifics of the USPS selection process, the details of which cannot be disclosed Workhorse Group (WKHS) lost the race for a key contract with the U. Add in that WKHS will reap a small portion of any RIDE success from their licensing arrangement it seems like a better bet to me. com/microinvestor1 SIGN UP FOR WEBULL and Get Free Stocks when You Deposit $100 using my Workhorse Group Inc. First 10k will all be delivered by 2024 and should start receiving next year. As the news came out two days ago that OSK was awarded the contract, WKHS went tits up. Come on WKHS! 👍🏼🐎💎💪🏼 Reply reply PeteyPab305 • It also makes workhorse look kind of incompetent InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips Electric vehicle upstart and last-mile delivery specialist Workhorse&nbsp;(NAS Workhorse has no choice but to challenge the USPS deal. WKHS stock investors pinned all their hope on one major contract that fell through, now it may only hope for a small order win. Below are my questions. mqbw gods xodttau umbggsr jgt kmrqyo qlct hrne xkxczf hwxljt