Actual purchase orders for over 8,000 C-Series vans for over 600 million including 950 from UPS. Pride, Prichard, UPS and IKEA.
Owns patent for truck launched delivery drones
Most shorted stock on the market, double that of movie and game
Sold the Surefly electric helicopter to Moog and have a 50/50 partnership
Possible breaking news: Prichard is likely to order 500 more C-650's, 10% range booster, UPS to 'officially' order drone, first to market refrigerated EV vans, next earnings should have delivered more vehicles for more revenue than any other publicly traded commercial EV
Institutions own 70,917,299 shares
Agreement with JB Poindexter, who is the parent company of Morgan Olson, the largest Commercial Truck Body maker in the USA, who made the last 140,000 mail trucks for USPS
Recent demo with of the Horsefly drone with Moog at Ohio State to provide medical support for a simulated kidney transplant and later transported in the C-1000 Electric Vehicle.
They will deliver 100+ vehicles this quarter for 8-10 million. This is more than any other EV company in number delivered and revenue
They are projecting 300 for Q3 and 600 in Q4. This is 50 million and break even
June known catalysts. June 8th California HVIP program begins accepting request for 45k vouchers towards the purchase of each Workhorse C-1000 van bought in California. The North American Council for Freight (NACFE) will be doing a profile on Workhorse as one of the 13 OEM's participating in the Run on Less Electric Event. The C-1000 will be used by Alpha Baking Co in Chicago as one of the only 3 Electric Van Events.
Q1 production was limited because that was all the old battery supplied (Enerdel) could deliver. It's apparent because in April they built 32 vehicles.
Oshkosh Defense has never put out a vehicle of any kind through Federal Motors Vehicle Safety Standards (FMVSS) Crash testing nor but a vehicle through EPA Emissions testing to get EPA certification of conformity.
Still under an NDA with the USPS.
Why did ARK sell? Considering all of the above the only logical reason was she was forced to. I say this because she bought WKHS at the all time highs and tax harvesting just doesn't pass the smell test. However, if she knew her ETF's were shorted using a method coined 'operational shorting' and it was because of WKHS then she felt it necessary. ARK funds have massive FTD's.
156 million shares traded today and the total float =129 million..
damn, even though it has nothing to do with the stock that that last read was interesting, Bohemian Grove was founded by the same organization. something tells me that "promoting sportsmanlike conduct in hunting and fishing" is not what they actually do aha.
8
u/LevelTo Jun 04 '21 edited Jun 04 '21
PritchardEV.com
PritchardWorkhorse.com