Will Workhorse stock double or triple? and he has his bro Louis DeJoy in charge of USPS. Workhorse Group Inc. WKHS Stock Message Board: Depends on the USPS contract announcement And people in other states would be more likely to believe Trump’s promises. Workhorse is about to commence production of the C-Series trucks, which should increase visibility for executing the backlog of orders from “We believe the company also has interest from multiple top-tier fleets that could be announced as large orders,” the analyst said. Needless to say, the contract will go to whomever Trump chooses.They can also rinse the story of saving USPS from the bad management that Trump has been claiming for so long. Giving plenty of time for Trump to dance around and boast that he brought jobs to Ohio.The first presidential debate of the 2020 election (first of only three). (USPS) Workhorse’s market cap is $1.7 billion and they only produce 200-300 vehicles per year at the moment.I leave it to you to make up your mind about the business and the possible future Workhorse stock price.I hope I managed to give you a super-useful overview of this EV player.Are you investing in any EV stocks and how is your portfolio doing these days?If you read all the way till the end and found this post useful, please consider supporting the blog. After researching it all and knowing how Trump is not afraid of doing anything, it seems almost unbelievable for Trump to not make his dummy Postmaster General give Workhorse the contract. So, in this case, lowering USPS’s costs with modern tech EV postal trucks could be something he could sell to voters. Some more republican politics for you. Should Trump choose another company – one that sells diesel trucks?In May 2019, Trump tweeted that it was great news for Ohio that GM was selling their Lordstown plant to Workhorse for EV production.Moreover, the Republican Senator from Ohio, Rob Portman said that: “My message to GM has all along been either to bring a new GM vehicle to the plant or to find a partner that will use this world-class facility so people can get back to work.” At the time, Trump had been heavily pushing GM to get the plant running. Workhorse Group is offering the only fully electric option and is 1/3 American options. Workhorse is well-positioned for the potential contract from the U.S. Thus, DeJoy is taking control of USPS for himself and he’s Trump’s large donor.
Thank You for supporting Hammocks in the Wind.Let’s talk about the chances of Workhorse winning the $6 billion USPS contract and what the hell is going on.Can we make an educated guess on whether Workhorse will get the contract?Workhorse is a US electric vehicle company that could be used as a political powerplay by Trump to secure votes in the US 2020 Presidential Election. And the sale was considered a win for Trump. Shares of Workhorse were up 2.25% at $2.50 at the time of publication Tuesday.Thank you for subscribing! in partnership with Ford. First, investors appear to be banking on the probability that Workhorse will become a part of a $6 billion U.S. Let it sink in!That’s a saving of $170k per truck over 20 years – almost It’s lately been all over the news that Trump is undermining the United States Postal Service as much as possible before the presidential election in which mail-in votes will play a pivotal role.
Well, Ford is from US and maybe Trump could get votes by getting jobs for Ford. USPS is not supposed to be a political tool.Big news of new jobs for Ohio in the form of Workhorse getting the contract would definitely help Trump’s presidential bid. That is, if they weren’t somehow lobbied by the US car industry or the oil industry into making a terrible decision for the environment that would also cost USPS more money (in gas and maintenance fees).But I never even realized that Trump himself would be interested in getting Workhorse the contract – one would not expect Trump to support anything that’s good for the environment.
None of the information in this post is intended to provide any investment, trading, legal or tax advice. )The USPS program could award up to $6.3 billion in contracts to one or multiple bidders, and is an opportunity for Workhorse to construct 165,000 new mail trucks. Past performance is not indicative of future results.
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