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uksausage

07/03/20 11:58 AM

#5111 RE: CeasePlz618 #5110

Its in their PRs and financial reports as well. this sums their current statu pretty well

"Hughes said Workhorse would be producing 300 to 400 vans per month by the end of the year. Pax Lindell, director of sales, told FreightWaves there is a backlog of C650 and C1000 van orders right now. UPS, DHL and Ryder (NYSE: R) are among the companies with vehicles on order. UPS (NYSE: UPS) has an order for 1,060 vans, Hughes said on the earnings call, and will start receiving vans in the second quarter.

The C-Series was named the 2020 Innovation Award winner at the Work Truck Show."

That was from an article March 12th and they delivered on Govt certification and first shipments.

Almost certainly going to need more financing/dilution but have sufficient funds for now. Less of a risk than NKLA some would say as they have production and revenues.

Are you looking long or short term?