Workhorse Motors worth a look - even after it lost the USPS contract | mxux
Channel: m xux
Date: 13/12/2020

5/18/21 Update: Cathy Wood sold out of wkhs at a loss with no explanations - a few weeks after USPS awarded to Oshkosh - after building large position even after contract was awarded - margin call? cash raise? Confusing Arkk moves - other stocks as well -?  This video presents a view that there is underlying value at the company - and potential upside despite recent actions. e.g. Holding RIDE stock, payments on RIDE sales, a compelling van product with an order book, and a drone patent are a few reasons to take a look,

2/28/21 Update: Even after Workhorse lost the USPS contact Cathy Wood ARKK Invest bought $wkhs heavily - 660k shares  this week with the stock down %50 - this video shows you at least one of the reasons why - everyone seems to be missing this point IMO - you have to watch to the end - than mxux

EXEC SUMMARY
This video goes into detail on the value of Workhorse Motors without the USPS contract.  

The postal contract is not the whole story.

Drone delivery cuts present costs by 96%. 

Presently there are only two companies actively developing drone based package delivery - Amazon (amzn) and Workhorse (wlhs). 

Both have filed patents. Workhorse has the superior system.

I believe this one of the reasons AArk Invest / Cathy Wood is accumulating the stock.

Here is a link to a past video of mine that is related and provides more background:

10 Things you Need to Know About Steve Burns:
https://youtu.be/du6cZCfsRHQ

Here is recent video with a detailed report on the Aptera EV new to the market - wat it to the end for my opinion:
https://youtu.be/8d_LL5vWtBE

Thanx - MXUX