that Ford and GM are spending billions of dollars to continue to dominate amid the transition to electric vehicles. But I think it's really hard for a company like Workhorse to make a case that it's going to be a major player in a market that is dominated by Ford ( F 3.94%) and GM. They don't have the capacity to make tons and tons of vehicles, but they are ramping up to try. They've been hoping to sell some to companies like UPS ( UPS 0.54%), who they worked with a bit to develop their current model, which was certified for US sale over last summer, and they've been making them. They make, for the most part, electric commercial vans. Okay back up, Workhorse is a small electric vehicle company in Ohio. John Rosevear: Thoughts on Workhorse are, they have to be looking at GM's new announcement this morning, and becoming concerned. Nick Sciple: A reader asks for our thoughts on Workhorse, ticker WKHS. *Stock Advisor returns as of November 20, 2020 and Workhorse Group wasn't one of them! That's right - they think these 10 stocks are even better buys. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*ĭavid and Tom just revealed what they believe are the ten best stocks for investors to buy right now. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. 10 stocks we like better than Workhorse Group
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