Worksport Ltd (WKSP)

[Charlie V]

https://www.bizjournals.com/buffalo/news/2023/06/07/worksport-builds-workforce-products-in-w-seneca.html

The company is also partnering with one of the “Detroit-based big three” auto companies to develop a solar panel cover for a future EV truck, though Rossi declined to say if it was General Motors, Ford or Dodge.

“We’ll be able to publicize that partnership within the year,” he said. “They’ve asked us to quote for 100,000 units, so the opportunity is massive.”

“In the next month, we think between 25 and 50 people for one shift,” Rossi said. “Within this year, we’re really going to try to build out our day shift, and after that, I think then we’ll scale to an overnight shift too.”

[buckyboy]

Technically I see 2.45 - 2.55 range as the bottom on this retrace before the next move North. Light volume will get the MMs to drop the price action. This healthy as the 10/50 MAs will tighten up and be ready for the next majormove past 3.50...and it will happen sooner rather than later.

I hope you make a million!!

[Charlie V]

That's why I added more at $2.57 yesterday. I expect to see an eventual return on my investment.

[buckyboy]

You'll get your units soon CharlieV! Personally, I don't believe their timelines anymore, but I do believe it will be an awesome product that sells well once they're done.

No price increase for 50 percent more power! Gotta love that...

[Charlie V]

https://investors.worksport.com/worksport-to-introduce-higher-quality-more-powerful-cor-portable-energy-system-for-possible-assembly-in-north-america/

[MrAlon]

The Worksport (WKSP)product line represents an important turning point in the company's dedication to truck bed improvements and long-term revenue growth. This stock's 52-week high price of $3.4099 suggests that it has great potential.

[Mrhenry]

Worksport Ltd. offers the SC4 PRO soft-folding tonneau cover, which improves use, durability, and security. This firm is increasing its product line and revenue opportunities and is currently trading at a reasonable price on the Nasdaq.

[Mrhenry]

Exciting news from Worksport Ltd. (WKSP)! They have officially launched the SC4 PRO soft folding tonneau cover, their latest innovation in truck bed covers. Another step towards enhancing truck beds and driving sustainable revenue growth.

Read More:- https://finance.yahoo.com/news/exclusive-worksport-launches-soft-folding-140058692.html

[MrAlon]

Worksport is merging cutting-edge technology with sustainability. Their newly upgraded COR hot-swap battery and SOLIS solar-charging truck cover combo is set to revolutionize the market. Keep an eye on this stock! According to what I can see from last week's activities, trade is doing quite well.

[buckyboy]

https://www.automotiveworld.com/articles/solar-tonneau-covers-could-lower-grid-dependency-for-pick-ups/

Automotive World just inked an article about WKSP SOLIS/COR. This is a huge media outlet in the auto world. You have to subscribe to see the entire article (which I will not).

Solar tonneau covers could lower grid dependency for pick-up[color=red][/color]s

Worksport’s modular solar panel tonneau covers promise to deliver eight to 12 miles of free range every day. By Stewart Burnett

June 1, 2023
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There is a strong correlation between electric vehicle (EV) drivers and solar panel owners. An April 2023 study by UK charging app Zapmap has revealed that EV owners are seven times more likely to have solar panels installed in their homes than their non-EV counterparts. The interest from this demographic has contributed towards a push to incorporate solar options within EVs themselves, ranging from the December 2022 launch of the battery electric/solar hybrid vehicle Lightyear 0, to the imminent arrival of solar add-on technology for vehicles.

[Charlie V]

West Seneca, New York , June 01, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company or “Worksport”), a provider of innovative truck bed cover solutions, proudly announces the official launch of its latest product, the SC4 PRO soft folding tonneau cover. This cutting-edge addition to Worksport's product portfolio marks a significant milestone in the Company's commitment to truck bed innovations and sustainable revenue growth.
The SC4 PRO soft folding tonneau cover is designed to provide truck owners with enhanced functionality, durability, and security. With its innovative features and sleek design, this product is built to meet the needs of truck owners seeking convenience and protection for their cargo. Worksport has strategically positioned the SC4 PRO for sale through multiple distribution channels, including Amazon, Walmart, and the Company's E-commerce platform. This broad availability helps ensure widespread access for customers across North America . The SC4 PRO is an upgrade to the Company’s current SC4 cover, allowing customers to more easily open and close the cover and providing high-end features at an affordable price point. The SC4 cover will continue to be available for customers as well.
"We are thrilled to introduce the SC4 PRO soft folding tonneau cover to the market," said Steven Rossi , CEO of Worksport . "This launch demonstrates our ongoing commitment to delivering innovative solutions that address the evolving needs of truck owners. The SC4 PRO combines functionality, durability, and style, offering a superior user experience. Our distribution partnerships with major retailers will enable us to reach a wide customer base, expanding our market presence and driving sustainable revenue growth."
In conjunction with the SC4 PRO product launch, Worksport is making significant progress toward building hard-folding tonneau covers at its new state-of-the-art manufacturing facility just outside Buffalo, New York . This facility underscores Worksport's dedication to investing in cutting-edge infrastructure, optimizing production capabilities, and meeting the growing demand for its groundbreaking products. The Company remains steadfast in its long-term goals of delivering sustainable revenue growth and revolutionizing truck bed innovations, exemplified by its innovative solar tonneau cover, branded as SOLIS.
Worksport remains committed to transparency and shareholder engagement. As developments unfold, the Company will continue to update investors on key milestones, breakthroughs, and advancements in its pursuit of industry leadership.
For further information, please visit Worksport's official website for investors at investors.worksport.com. 

[Mrhenry]

Worksport intends to create a much-anticipated, ground-breaking combo of the newly enhanced COR advanced hot-swap battery system and SOLIS solar-charging light truck cover. Worksport blends its passion to sustainability and quality. As i examine this stock activity in recent week is really outstanding its price rise also reached 52 week high.

[buckyboy]

https://www.hagerty.com/media/news/the-manifold/2023-05-23/

Hyundai eyes a solar panel-infused tonneau cover

Intake: Hyundai has entered into a “formal agreement” with Worksport to configure a version of their solar-powered tonneau cover and power bank to work in the unique bed design of their Santa Cruz truck. Worksport’s SOLIS cover and COR power bank are currently accepting reservations, but they do offer conventional vinyl-clad tonneaus for multiple applications. Pricing and availability are not currently available, but the press release had something interesting, as the two companies are also partnering on a “yet to be announced vehicle” that we might learn more about in October.[/b]

Exhaust: Could Worksport be making the modern equivalent of a jerrycan? Electric vehicles are the future of our truck-intensive country, so offering a tonneau cover that does more than just protect bed contents from the elements is a fine idea. Solar panels provide free energy for those who travel with battery-powered tools, and they might even recharge a stranded EV. — Sajeev Mehta

[Mrhenry]

The news release for today announcing that people looking for work opportunities in a cutting-edge, expanding organisation can attend the job fair being hosted at the Worksport site. The WKSP stock is also increasing regularly, which indicates that it will continue to expand.

Read More:- https://finance.yahoo.com/news/ford-worksport-entering-candidates-electric-152234628.html

[buckyboy]

Worksport to Hold Second Job Fair at West Seneca, N.Y. Facility on June 6[color=red][/color]

Richmond Hill, Ontario, Canada, May 30, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is happy to announce that it will hold a second Job Fair at its new state-of-the-art U.S. automotive accessory factory at 2500 North America Drive, West Seneca, N.Y., from 11 a.m. to 5 p.m. on Tuesday, June 6. At this wholly owned 220,000 sq. ft facility, the Company is getting ready to produce its advanced hard-folding tonneau covers for the multi-billion-dollar light truck market. The Company is also planning to assemble a much-anticipated, ground-breaking combination of the newly improved COR advanced hot-swap battery system and SOLIS solar-charging light truck cover.[color=red][/color]

Worksport seeks to fill at least a dozen positions, including machine operators and mechanics, assembly line staff, and purchasing employees.[color=red][/color] There will be a free BBQ lunch for all on-site applicants, along with a chance to meet the Worksport team and hear about the Company’s exciting plans for growth in the automotive and green energy fields. Worksport welcomes all those wishing to apply to attend this exciting event.

“Our first job fair was so successful in retaining at least ten new key employees that the Company is seeking to fill additional important positions with this second job fair,” said Worksport CEO Steven Rossi. “With the completion of our state-of-the-art factory in sight, our goal is to staff the facility with high-quality employees from the Western New York area. We intend to make a positive contribution to the local economy as we meet the increasing market demand for our innovative products. Join us as we make history!”

Employment at Worksport is an excellent opportunity to be part of the coming electric vehicle (EV) revolution and to work with an exciting team at an outstanding high-tech factory in Western New York. All positions offer competitive pay and great growth potential and include excellent benefits.

Worksport requests that applicants bring resumes, if possible, and encourage friends seeking employment to attend the Worksport Job Fair as well. For those unable to attend in person, the Company requests that resumes – or requests for application forms – be sent to [e-mail].

Details Worksport Job Fair

When: Tuesday, June 6th from 11 a.m. to 5 p.m. (EDT)
Where: 2500 North America Drive, West Seneca, NY 14224
Details: Free BBQ lunch and drinks for all on-site applicants.
Bring a resume if possible.

[Ambro24]

We don't agree on ATLIS (NXU) though, I think their battery revolution is a house of cards and that they have only the concept of tech. They probably failed to produce vehicles and fell back on the battery scheme to buy time.

The problem I have is that Rossi made promises to shareholders and utterly failed to judge the actual potential of Hercules or Atlis. Feel free to check my posts and yours from that time period and see who came closer to reality.

I do agree with you that the regular hard covers offer possibly higher profits, for now, than the SOLIS. SOLIS is likely to have very high production costs and will barely make a profit unless sold privately (not to partnerships), until we can get costs down. It is clear we scrapped together a few prototypes and have a major problem with procurement. As far as hard covers go, if we build it they will sell. I want to see factory production 24-7 and boatloads coming from China. Sluggish efforts thus far need to go into turbo.
80% of Rossi's shares should go to WKSP treasury for his failures thus far. His level of control has crippled this company so far. Look back to what Rossi had to say in 2020 and check veracity.

[Ambro24]

We mostly agree, I do think the next 8 month are make or break and I do suspect upside.

[buckyboy]

Business models change. Atlis ha simply put trucks on the backburner while they focus on charging stations and battery tech.

Hercules changed their model many moons ago.

You forgot to mention Hyundai. I'll take an active partnership with Hyundai over a startup any day of the week.

Hard covers can generate a ton of revenue. COR, when approved, can compete with anything on the market and should create a nice rev stream. SOLIS IMO won't see a truck bed until 2024. Anything at all out of TVE will be a bonus. We might be hearing something soon about the heat pump. That would be yet another rev stream.

Very tight capital structure is our friend here. Volatility and sharp price moves will rule the day on meaningful news releases. It's all about West Seneca and sales now. Clearly West Seneca has ramped up their labor force and they're ready to roll. Supply chains seem to be in order.

We have more green lights than red now! It's go time. Hoping for meaningful production by the end of June. 2nd half of this year may be really volatile to the upside. Hoping for a PPS of 5 - 10 by EOY. Five bucks opens up the door to an entirely new set of potential investment houses. Warrants can start to kick in and generate capital for the company at 6.05.

Have a safe and somber Memorial Day weekend. Remember the fallen.

[Ambro24]

$WKSP Hercules has switched over to building (allegedly) electric propulsion systems for pontoon boats. They currently offer WKSP no potential for revenue. 70 Million OEM indeed.
https://www.hometownlife.com/story/money/business/2022/08/01/hercules-mobility-company-builds-electric-motors-pontoon-boats/9714500002/\

ATLIS, now NXU after the most disasterous IPO possible for early shareholders, is now going to focus on batteries. They currently offer WKSP no potential for revenue.
cleantechnica.com/2023/04/2...

The company WKSP has updated nothing on either "PARTNERSHIP" to shareholder. The only hope we seem to have, for now, is the sale of hardcovers. This business fortunately could be quite profitable...if not sexy.

[buckyboy]

Aspirations for WKSP and its subsidiary are sky high!

Mr. Lorenzo Rossi was granted 300,000 PSUs on December 29, 2021. The PSUs vest in 5% increments according to a schedule that correlates with the Company’s stock price. The first 5% of the PSUs vest upon the Company’s stock price closing at $3.00. 50% will have vested at a closing price of $16.50 and 100% will have vested at a closing price of $31.50[/b].

https://www.sec.gov/Archives/edgar/data/1096275/000157587222000882/cm163_pre14a.htm

[Ambro24]

Things are looking pretty good here. I never would have invested in this stock if I knew it would take this long but we have finally turned the corner.

[Mrhenry]

The collaboration between Worksport and producers of electric pickup trucks demonstrates the need for their cutting-edge products. I saw that the most recent high price hit $3.16 and broke the 52 high price. It suggests that the stock will be revenue-generating.

[Mrhenry]

Worksport's (WKSP) collaboration with a prominent U.S. car reseller demonstrates that they are a step above their rivals! And, with the stock price on the Nasdaq surging today, it's evident the market believes.

Read the Recent Press Release for more Information:- https://finance.yahoo.com/news/worksport-hard-folding-truck-cover-120000239.html

[buckyboy]

I was hoping for a quick turnaround on these cover approvals. While the jury is still out on SOLIS/COR, we all know that they're among the best in the traditional hard/soft cover market!

Supply chain for finished products just got a huge boost from WKSP and their West Seneca plant.

Using a 2YD chart I see the next resistance level in the 3.45 - 3.65 range. This company was carrying a 100M market cap on the OTC. That eerily equates to the 6.05 warrant exercise price eh!

Looking great for all involved moving forward.

[Charlie V]

Richmond Hill, Ontario, Canada , May 24, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce that a national U.S. customer and reseller of automotive aftermarket accessories has approved the hard-folding light truck cover samples the Company had supplied previously for the reseller’s review and testing.
The customer previously had made known its intention to review Worksport samples and, upon approval, to purchase sizable quantities of the Company’s tonneau covers for distribution across the United States . Worksport and the reseller can now work together to finalize the anticipated transaction, with cover assembly and shipment to follow. The covers will be assembled at the Company’s wholly-owned 220,000 sq. ft. manufacturing facility in West Seneca, N.Y. , with many newly hired employees from the area taking part in the process, after rigorous training.
"The expected large light truck cover order from a national U.S. reseller demonstrates Worksport once again delivering on its goal to begin a long-anticipated period of revenue generation," said Worksport CEO Steven Rossi . "We were honored that this widely recognizable national brand reviewed and rapidly approved our hard-folding cover samples. We anticipate completing the order process and expect to start the covers’ U.S. production shortly. It's a great Company milestone and we look forward to informing investors and shareholders on the order's progress."
Worksport's  hard-folding tonneau covers are expected to be market-ready upon production.
“Everyone at our West Seneca, N.Y. manufacturing facility has been eagerly anticipating this approval since there has been so much testing and training on our custom European manufacturing line,” Rossi said. “Management and the employees have a great deal of pent-up energy and are ready to put together our hard-folding tonneau covers and deliver them to this customer and many others. They take great pride in the high-quality products that will best serve the multi-billion-dollar light truck industry. We look forward to operating our manufacturing facility and demonstrating its advanced production capabilities.”
For further information, please visit Worksport’s official website for investors at investors.worksport.com.

[Mrhenry]

According to today's press release, Worksport Ltd. is getting closer to finishing its factory as the first product materials begin to arrive, which represents a significant step towards revenue growth. Today, after several price changes, this stock is performing well on the NASDAQ and is currently on a bull run with more active trading.

Today's Press Release:- https://finance.yahoo.com/news/worksport-ltd-factory-completion-closer-120000931.html

[joma]

It’s going to be fun waiting this stock explode the day is not far off

[buckyboy]

Inch by inch. Many moving parts in action now to start production. Firming up the supply chains are a monumental and exhausting effort. Looks like they're o the cusp of receiving big orders and actually rocking and rolling in West Seneca to fulfill orders.

Looking for a double top today. The PR wasn't to sexy but the market seems to be reading the writing on the wall.

GLTA

[Charlie V]

https://investors.worksport.com/worksport-ltd-factory-completion-closer-as-first-product-materials-start-arriving-at-factory-marking-significant-progress-towards-revenue-growth/

Worksport Ltd. Factory Completion Closer As First Product Materials Start Arriving At Factory Marking Significant Progress towards Revenue Growth

West Seneca, New York – May 23, 2023 – Worksport Ltd. (NASDAQ: WKSP;WKSPW) (the “Company” or “Worksport”) announces that the completion of the Company’s 222,000 sq. ft. Western N.Y manufacturing facility in New York is one step closer to starting production as the first materials are received at the factory. With the completion of Worksport’s state-of-the-art factory on the horizon, the Company can shift focus to sales and sustainable revenue growth.

Under the leadership of CEO Steven Rossi, Worksport has made significant strides in solidifying its position in the automotive accessories and new energy industries. The tireless efforts of the Worksport team, coupled with the unwavering commitment of dedicated investors, have brought the Company closer than ever to this major milestone.

Once fully operational, the facility is anticipated to empower Worksport to realize its true potential, enable Worksport’s manufacturing team to scale up production, enhance operational efficiency, and meet the increasing market demand for its groundbreaking products.

Steven Rossi, Worksport CEO, stated, “With the imminent completion of our state-of-the-art factory, we are now better positioned than ever to deliver outstanding products and generate substantial revenues. We have received many of the first materials required to start production.”

Rossi further emphasized the transformative impact of the forthcoming factory completion: “The completion of our factory is not just a symbolic achievement but a tangible step towards Worksport’s financial success. We are closer than ever to actualizing our revenue goals, and I am confident that our diligent efforts and commitment to excellence will create significant value for our investors.”

Worksport Ltd. remains committed to transparency and open communication with its stakeholders. As the factory is closer to start production, the Company eagerly anticipates the commencement of operations, which will unleash its full manufacturing potential and drive sustainable financial growth. For further information, please visit Worksport’s official website for investors at investors.worksport.com.

[MrAlon]

With a $42,898,440 market cap, WKSP offers a promising investment opportunity.

[MrAlon]

WKSP! With its attractive market cap and a wide trading range, this stock is making waves in the stock market.

[MrAlon]

WKSP's momentum: With a solid average volume, this stock is capturing attention.

[buckyboy]

Trading action looking awesome this morning as we are on the cusp of a Golden Cross and a 3rd Elliot Wave up. Reasonable volume today at current PPS levels will push the 50 through the 200 IMO (I use EMAs. SMAs may take another day.)

Market knows Rossi and his team are eerily close to securing large Private Label orders for his hard covers. West Seneca will be humming soon.

If you're a technical indicator junkie and a candle junkie check a two year chart to see where we're heading in the next 12 months...if not sooner.

GLTA

[buckyboy]

The next move is imminent. Consider Elliott Wave Theory. WKSP chart is absolutely primed for it's next move up!

https://www.investopedia.com/terms/e/elliottwavetheory.asp

[buckyboy]

If we get some strong volume into the close and a healthy day tomorrow we just me see a Golden Cross emerging. THIS IS A VERY POWERFUL INDICATION OF A COMPANY ON THE CUSP OF A MAJOR MOVE (North). This will be considered a BULLISH CROSS!

GLTA

[Charlie V]

Although Tesla Inc (NASDAQ:TSLA) is the first brand you think of when EVs and renewable energy come to mind, there are many companies that promise to bring the vision of a world that is powered in a planet and human-friendly way to life.

Powering Remote Places In A Planet-Friendly Way
Worksport Ltd (NASDAQ:WKSP) whose tonneau covers are available on Amazon.com Inc (NASDAQ:AMZN), as well as on Walmart Inc (NYSE:WMT) and eBay Inc (NASDAQ:EBAY), does not only promise to extend the driving range of EV pickups and bring affordable solar-powered TerraVis tonneau covers to the world, but also to bring the ability to power remote locations with its portable COR battery. The COR battery promises to enhance lifestyles of all kinds as it can be used power remote locations, therefore upleveling our camping experiences while allowing us to work and live in entirely new locations.
Solar rays are one of the best clean power options considering that experts estimate the Sun will be providing powerful energy for about five billion years before it runs out of hydrogen. This gives plenty of time to the world to tap into this abundant energy source, but Worksport already got there while even Tesla is still playing small on the solar field compared to its overall energy business that is rapidly expanding after a period of consistent growth. This week, Worksport promised to provide more updates on these products soon. Perhaps the best part about Worksport's renewable technology is that it will turn pickups into renewable energy microgrids on four wheels, whether they run on electricity or combustion engines.

[MrAlon]

This stock WKSP is a profitable investment due to its average volume and 52-week high/low range!

[MrAlon]

The WKSP revolution is coming! This stock is trending in the market with an average volume of 64K.

[MrAlon]

WKSP's 52-week path from $0.95 to $2.99 demonstrates its tenacity and potential for profitable returns.

[Ambro24]

Mr. Alon you make me wonder if I should own this stock anymore. Pathetic.

[MrAlon]

The WKSP revolution is coming! With a 63,114 average volume, this stock is grabbing the attention of investors all over the world.

[buckyboy]

Hey Charlie! It's been a long and bumpy ride eh! Ten new hires in West Seneca with more production/assembly people to be hired as well. Rossi staffing his company like it's going to be a very big enterprise! I hope so for all the longs who have held here.

Technically if we continue to trade above 2 bucks like we have been we will get a Golden Cross this week. We'll get it if volume remains a tad above avg and the action stays above the 2.15ish area.

A Golden Cross is a clear signal showing a company is on the rise. They are getting healthier and creating a positive business model that will eventually succeed to become a net profitable institution. It's a signal that it's okay to buy and hold long term.

[Charlie V]

Nice to be included in the same article with other automotive Titans!

Another week, another milestone on the EV journey. Tesla Inc (NASDAQ:TSLA) took an interesting turn by including advertising in its strategy. A disruptive automotive parts player, Worksport Ltd (NASDAQ:WKSP) made another important step towards launching its promising solar-powered equipment. Meanwhile, traditional automakers such as General Motors (NYSE:GM) and Volkswagen AG (OTC:VWAGY) are facing increasing pressure to accelerate their EV progress.

Tesla 2023 Shareholder Meeting
During its annual meeting in Austin Texas, Musk revealed that Tesla will be trying a little advertising after all. This decision is quite a turnaround as its CEO Elon Musk was saying for years that there is no need for advertising as demand exceeded supply, adding that those funds are being used to make Tesla’s product great.
After receiving a positive reaction, Musk also warned of tough economic times that he expects to be around for at least the following 12 months, saying Tesla is not immune to a worsening economy. Musk also stated that Tesla Roadster which was due for production in deliveries back in 2020 is expected to get on the production line in 2024, while its competition Rivian R1T, Ford F-150 Lightning and Ford Mustang Mach-E have already hit the road. Putting aside the fact that Ford is known for producing America’s most beloved pickup, Tesla has no time to waste. Ford also stated that it will be doubling the production of Lightning’s older all-electric sibling, the Mustang Mach-E, this year. 

Worksport Reaches Another Milestone
After having embarked on a journey of becoming a positive economic force in Western New York, Worksport Ltd (NASDAQ:WKSP) has now hired new staff to operate its U.S. facility. The highly skilled staff bring Worksport another step closer to starting U.S. assembly of its hard folding tonneau covers in Western N.Y.
Worksport will soon be providing an update regarding the production launch of its improved COR advanced hot-swap battery system. After testing and completion, Worksport will be able to produce its eagerly anticipated SOLIS solar-powered tonneau covers.

General Motors And Volkswagen Face Threat Of Largest Idled Capacity In China
On Tuesday, Greenpeace warned that Volkswagen and General Motors could have considerable unused production capacity for internal-combustion-engine powered automobiles in China by 2030 if they do not speed up their EV transition. Chinese EV startup BYD Company Limited (OTC:BYDDY)  has been luring away Volkswagen’s customersas it followed Tesla’s price discounting strategy, with General Motors revealing it will be converting more than half of its manufacturing footprint in China to be EV-capable by the end of the decade.

General Motors, Toyota And Volkswagen State Biden’s EV Goals Are Too Ambitious To Meet
According to Reuters, The Alliance for Automotive Innovation that represents General Motors, Volkswagen, Toyota Motor Corporation (NYSE:TM), Hyundai, Kia, BMW, Ferrari, Honda Motor Co Ltd (NYSE HMC), McLaren, Subaru, Porsche, believes the goals posed by Biden’s administration are too challenging to meet with building blocks to realize this future not being available due to a restricted supply chain. The new standards aim for 60% of all vehicles sold in the U.S. to be fully electric by the end of the decade, rising from prior goal of 50%. Acc
Considering that even Tesla decided to change its strategy that seemed to be ‘written in stone’, it’s safe to say that anything can happen as automakers accelerate their progress towards realizing an all-electric future.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice. 

[Charlie V]

https://investors.worksport.com/worksport-ltd-hires-new-key-staff-members-in-preparation-of-u-s-factory-production-of-hard-folding-tonneau-covers/

Richmond Hill, Ontario, Canada , May 17, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is pleased to announce that in preparation for the Company’s anticipated launch of its light truck hardcover assembly in its wholly owned 220,000 sq. ft. West Seneca, N.Y. manufacturing facility, the Company has hired ten new staff members, including Manufacturing and Industrial Engineers.
“Achieving milestone after milestone, that’s Worksport today. We forecasted that we would build out our U.S. factory, and we have. Now we are adding the skilled employees to operate it,” said CEO Steven Rossi . “We are so excited and proud to welcome these new top-quality individuals to our staff. They come from the local community, and as an employer, we are proud to be a positive economic force in Western New York.”
In addition to the Company’s new Manufacturing and Industrial engineers, other projected staff include new employees in enterprise resource planning (ERP), Office Administration , Quality Management, and Buying and Planning. “In full operation, the Company is expected to hire new individuals in maintenance, as well as operational and assembly personnel,” Rossi said.
“With the new personnel in place, the Company is one step closer to starting U.S. assembly of our hard folding tonneau covers in Western N.Y.,” Rossi said. “After much testing and training, we anticipate our new manufacturing line's smooth and efficient operation. Several customers are reviewing samples of our covers for final approval, and we believe we are very close to having the Company’s private-labelled hard-folding covers market-ready, in the hands of customers ready to purchase large quantities of our U.S. -assembled products. We are progressing toward our long-predicted goal of revenue growth as soon as production begins.”
The Company also anticipates providing additional information to investors and shareholders about the expected production launch and its newly improved COR advanced hot-swap battery system, which must be tested and completed before its companion SOLIS solar tonneau cover can be produced and sold.
About Worksport Ltd.
Worksport Ltd. (Nasdaq: WKSP; WKSPW), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. For more information, please visit www.worksport.com

[Ambro24]

Truthfully, and we have said this before, now is the time for Worksport to prove they are worth a damn. At some point all of the bluster has to translate into sales and or products.

[MrAlon]

In search of a reliable investment? WKSP is a lucrative possibility because to its cheap closing price of $$2.24 and market value of $38,437,002.

[Mrhenry]

Worksport Ltd. is well-known for producing cutting-edge truck bed coverings and accessories. The company provides tough and fashionable solutions for truck owners worldwide, and according to marketcap risies from yesterday's trade, there was a lot of activities trading on the NASDAQ.

[MrAlon]

Find the secret jewel! Strong investor interest is indicated by the average volume of 62K+ for WKSP.

[MrAlon]

For astute investors, the $2.32 closing price of WKSP is an excellent opportunity.

[Keepinitsimple]

Agreed. By all accounts these covers should be flying off the shelves (of the warehouse). Needs to happen quickly. Bleeding cash and we know where they will go to get more!