![]() The bid ended on July 14, and the results are expected to come out some time in September 2020…but maybe earlier? It’s also the only fully electric player in the mix – and that is important because it makes the trucks cheaper to run. 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. (Not to be confused with UPS which is a parcel delivery company on the stock market that Workhorse is already working with.) USPS conducted a bid to renew their huge fleet of aging mail trucks and Workhorse is still in the mix. Ok, so what’s all the suspense about? And why are some investors hoping the stock price will double or even triple next month (or even sooner)?Īs I wrote in the Workhorse overview post, Workhorse is one of the only three finalists bidding for a gigantic contract with USPS (The US Postal Service). Oh and yes, I own Workhorse stock, so I’m biased. This story really has it all – Trump, the 2020 US presidential election, corruption and manipulation at the highest level… I’m not advising you to buy, sell or hold the stock, just giving you all the information – knowledge is power! Things are getting more and more interesting by the day, so I decided to give you an in-depth overview of why investors are so restlessly looking forward to ONE SINGLE announcement, hoping Workhorse stock would double, triple or quadruple in the next month or so – that is IF we get the right news. And some investors are expecting the stock to ![]() ![]() 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. Let’s talk about the chances of Workhorse winning the $6 billion USPS contract and what the hell is going on.Ĭan we make an educated guess on whether Workhorse will get the contract?ĭon’t know enough about Workhorse? Read my in-depth review of Workhorse’s business that I wrote just last week.
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