Thursday, July 2, 2020

"The World Cried Out For Another Electric Pickup Truck Company" (WKHS)

I know manufacturers prefer to get their sales from the highest margin products, in this case light trucks as compared to sedans, but having all these new companies, plus the legacy brands when they get to feeling the competition, is starting to feel a bit counter-productive. To say the least.
From Business Insider:

 June 30th
Workhorse extends June rally to 706% after securing $70 million in new financing (WKHS)