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The new management of Workhorse Group Inc. (NASDAQ:WKHS) has been saying a lot of the right things and presumably doing some of the things needed to position itself to ramp up production when and
Workhorse Group: Long, Steep Road Ahead
Summary
- Port delays have resulted in Workhorse Group Inc.'s cab chassis disrupting the timing of customer shipments, putting in question the company's momentum.
- It's understandable that the new Workhorse Group CEO has had to clean house and lay the foundation for what he wants at the company. It's time deliver on its promises.
- The focus is on improving everything from its facilities, products and processes, but it still needs sales to generate confidence in its business model.
- The revamped company is saying the right things, but Workhorse Group Inc. must execute on its strategy in order to prove to investors that it's a real business.
I am a former investment advisor and owner of several businesses. These days I invest only for myself while continuing to write on a variety of financial and economic topics.
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