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re: Is anyone following WorkHorse ( WKHS )?
Posted on 8/3/20 at 4:36 pm to Golden_Retriever
Posted on 8/3/20 at 4:36 pm to Golden_Retriever
I got in around $10. Its gonna blow up soon, thats for sure. Lordstown being bought out by a spac helped out immensely (thats why the jump today). Providing around $160 (i think) million is capital to help Jumpstart their production of their delivery vans.
Just waiting for the USPS announcement. Anytime between now and I believe some time end of October. There is a usps board meeting on the 6th.....who know what thats all about.
Thoughts?
Just waiting for the USPS announcement. Anytime between now and I believe some time end of October. There is a usps board meeting on the 6th.....who know what thats all about.
Thoughts?
2
Posted on 8/3/20 at 4:44 pm to Ballstein32
No way the contract is going to a foreign company. It’s either them or Oshkosh.
Posted on 8/3/20 at 5:26 pm to Ballstein32
Think about the following:
1. *Lordstown was a BONUS today. 10% of 1.6 Billion at the closing plus WorkHorse retains their 1% return on equity. $160MM for production needed Indiana plant upgades. The 1% will be a ongoing increasing annually with production volume.
2. Yes, the USPS $6.3 Billion contract most likely split with Ford / Oshkosh. Worst case 50/50, more than likely 75/25 due to WKHS is the only 100% EV Certified vehicle in ALL 50 states.
3. HVIP - WKHS is the only company that qualifies for the TAX CREDIT up to $50,000 per Final Mile Vehicle.
4. UPS? Ordered a additional 1000 trucks after their initial successful testing.
5. Ryder - established Fleet leasing program already in place.
6. What about WKHS Drone Technology? UPS is working with WKHS to have 5 Drones leave from a " moving warehouse " at a time. Per UPS once this technology is live, savings are estimated to be $50MM per vehicle.
7. What about Buy-Outs? Rumors are floating of a Walmart / Buy-out or Partnership to produce a Walmart Delivery fleet.
Ok....that's enough, I have plenty more.
1. *Lordstown was a BONUS today. 10% of 1.6 Billion at the closing plus WorkHorse retains their 1% return on equity. $160MM for production needed Indiana plant upgades. The 1% will be a ongoing increasing annually with production volume.
2. Yes, the USPS $6.3 Billion contract most likely split with Ford / Oshkosh. Worst case 50/50, more than likely 75/25 due to WKHS is the only 100% EV Certified vehicle in ALL 50 states.
3. HVIP - WKHS is the only company that qualifies for the TAX CREDIT up to $50,000 per Final Mile Vehicle.
4. UPS? Ordered a additional 1000 trucks after their initial successful testing.
5. Ryder - established Fleet leasing program already in place.
6. What about WKHS Drone Technology? UPS is working with WKHS to have 5 Drones leave from a " moving warehouse " at a time. Per UPS once this technology is live, savings are estimated to be $50MM per vehicle.
7. What about Buy-Outs? Rumors are floating of a Walmart / Buy-out or Partnership to produce a Walmart Delivery fleet.
Ok....that's enough, I have plenty more.
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