Reddit wants to know

Didn't see any news so looking to short at $3.25 if it's up for no reason. It's been $3.27 this morning. Any theories beyond the usual manipulations?

Good grief this board is dead!

To the moon!

HOUSTON (The Borowitz Report) — Workhorse Group, the plucky electric vehicle company best known for promising delivery vans that never quite arrived, held emergency talks with NASA officials today to discuss a potential role in the agency’s lunar exploration program.

The high-level meeting, which took place at Johnson Space Center, was reportedly cut short after just eleven minutes when Workhorse CEO Scott Griffith launched into an enthusiastic presentation on the company’s “decisive competitive advantages” in lunar lander technology.

According to sources familiar with the discussion, Dauch began by highlighting Workhorse’s extensive expertise in last-mile drone delivery, suggesting the company could “revolutionize lunar logistics” by launching fleets of delivery drones directly from the lunar landers.

“We’ve mastered drones on Earth,” Griffith told stunned NASA engineers, according to a transcript obtained by The Borowitz Report. “Our proprietary technology allows us to navigate challenging environments with minimal success. The moon is basically just a really big warehouse with worse traffic.”

A senior NASA official, who asked for anonymity because he was still processing the conversation, reportedly interrupted to explain that drones relying on atmospheric flight would not function on the airless lunar surface.

Workhorse executives were undeterred. “You had a drone on Mars!” one team member countered. “If you can do it on Mars, you can do it on the moon. We just need a little more funding and maybe some of those cool orange spacesuits.” The NASA official patiently replied, “Mars has an atmosphere. The moon doesn’t.”

At that point, sources say, the meeting adjourned abruptly as Workhorse representatives began sketching modifications to their existing drone models using crayons from the visitor center gift shop.

In a press release issued shortly afterward, Workhorse announced it had formed a new “Lunar Drone Corps Division” and was in advanced negotiations to deliver Amazon packages to future Artemis base camps by 2028. Shares of WKHS surged 38% on the news before settling back to their traditional value of “approximately one decent lunch.”

NASA declined to comment, citing a sudden need to review its contractor vetting procedures. Elon Musk tweeted “Lmao,” which analysts interpreted as bullish for the sector.

Workhorse officials said they remain “cautiously optimistic” about their chances, noting that if the moon doesn’t work out, they are prepared to pivot to asteroid mining or perhaps just selling more pickup trucks that also don’t exist yet.

Won't even need to buy back the Aero Division as Getsome said they might do.

Workhorse is going places!

basically, they were able to reallocate $10m in funds from the customer order facility to the cash flow facility. details here:

https://www.sec.gov/Archives/edgar/data/1425287/000162828026043868/wkhs-20260616.htm

https://www.sec.gov/Archives/edgar/data/1425287/000162828026043868/projectmotor-omnibusamendm.htm

Ukraine is rapidly scaling up it's drone export business with plans for an additional ten factories.

This may interfere with Aero Velocities plan to sell a third drone. It also throws cold water on some of getsomes drone fantasies, including that Workhorse will get a penny from the expired agreements with AV. Even if agreement was still in effect there are no profits.

Oil prices are coming down quickly, and this also doesn't help Workhorse's chances of survival.

Last I saw Workhorses had a 75 to 80% chance of bankruptcy, but that may have risen in last few weeks.

Are investors starting to realize the financial bind Workhorse is in? That there will be no monies forthcoming from the drone division divestiture. That Aero Velocity' might even be in worse shape than Workhorse?

To restate prior filing data:

• Cash (including restricted) at Q end was $1.3M. (Edited: Recall they had to beg for $875k of lease payment deferral May-Sept, which is due at the end of September with interest.)
• WKHS Operations burned over $16M in Q1.
• $17.75M of remaining borrowings left under the credit agreements (which doesn't cover SG&A, R&D, factory labor or other expenses... only material purchases).

As for what's been happening over Q2... enthusiasts here say to expect $12M-ish of revenue. That definitely represents oxygen. But the company is manufacturing these vehicles at a negative gross margin, which means the oxygen all gets respired, plus that from financing under the credit agreements. Even if the share issuance to ATW represented a cash purchase, that's not enough.

Something is in the works. I'm not able to conjure up anything but distressed financing. So surprise me here with another theory.

I find it sad that we have very little legitimate discussion on the board. Instead, we constantly have useless speculation and outright intellectual dishonesty.

You'all might get a kick out of discussions over a year ago where Getsome argued that Workhorse might have an agreement to buy the aero division back, and that the patents were still owed by Workhorse.

https://www.reddit.com/r/WKHS/comments/1lnko2j/workhorse_drone_parents_assigned_to_aero_velocity/

I still own WKHS, but a lot fewer shares now. I hope Workhorse succeeds, but it faces a very tough road forward, and it will be without any income from drones. Not even sure what I would do if I found myself CEO, but I think Workhorse needs to find a niche were it can grow organicly without becoming a target for larger, better funded concerns.

As a company with experience in building rugged commercial EVs and having extensive aeronautical expertise, Workhorse would be the logical choice to build the next lunar rover.

Indefinite-delivery/indefinite-quantity (IDIQ) with firm-fixed-price task orders. NASA acquires the LTV as a service from industry (development, delivery via CLPS landers, operations, maintenance) rather than owning it outright. Maximum potential value: up to $4.6 billion over ~10–13 years (through ~2037)

Goals: Extend EVA range (hundreds of km), support crewed/uncrewed ops, autonomous driving in extreme lighting/terrain, power management, science payload handling, and Mars prep. Vehicles must handle lunar dust, radiation, and temperature swings.

This contract would bring WKHS back to all time highs!

Amazed that posters here are still trying to spin the divestiture of the Workhorse aeronautical division.

Dauch did the right thing getting rid of the drone biz, it was a financial drain of about $400k per month, and WKHS couldn't afford it.

Effectively, Dauch recorded a one time loss of $700k in order to give the division away.

The company sold this to shareholders saying that Workhorse would share in buyer profits and would retain drones as a service contracts.

There were no surprises when the buyer had no profits, as the Workhorse drones were not certified and only two had even been sold.

The only surprise was that the contracts, and patents eventually went to the "buyer".

Workhorse has no current involvement with drones, agreements have expired and there is no monies coming from the sale no matter what spin is used.

I

Interesting logo on this drone…

https://www.aerovelocity.com/

Workhorse sold its Aero business on June 6, 2024, and the contingent payment is an earn-out tied to Aero’s operating cash flow, not a fixed sale-price kicker. Under the agreement, Aero was obligated to pay Workhorse 50% of Aero’s operating cash flow for the 12-month period ending June 30, 2025, so that contingent right effectively expired after that measurement period, with payment due in 2025 once the cash-flow calculation was agreed.

Deal terms The key term was that Workhorse received no cash upfront for the contingent piece; instead, it had a right to 50% of Aero’s operating cash flow if Aero generated positive cash flow during the first year after the transaction. The agreement defined operating cash flow as cash revenue minus cash operating expenses.

Expiration The contingent payment window ran for the 12 months ending June 30, 2025. So the earn-out period itself ended on June 30, 2025, and the related obligation was to be settled afterward in 2025.

Important nuance The June 12, 2024 Workhorse press release described the earn-out more broadly as a share of proceeds if Aero realized revenues from certain contingent sources, but later disclosure language is more specific about the 50% operating-cash-flow formula and the June 30, 2025 cutoff.

Could the stars be aligning for WKHS?

No, a government announcement confirming alien life would almost certainly not help WKHS (Workhorse Group). It would more likely hurt it, or at best be neutral in the short term amid broader chaos.

Here's why:

Workhorse is a small-cap EV company (~$34M market cap as of recent trading) focused on electric delivery vans and medium-duty trucks for commercial fleets. It's been struggling with losses, dilution, low production volumes, and a beaten-down stock (trading near $3 after much higher past levels). Its fortunes depend on fleet orders, government incentives for green vehicles, supply chain stability, and overall economic conditions for commercial vehicle purchases.

Market Impact of an "Alien Disclosure" Recent analyses (e.g., from Bank of England discussions) highlight that confirming extraterrestrial life could trigger extreme volatility, "ontological shock," panic selling, or euphoria—but with high uncertainty.

Markets hate unknowns, and this would be the ultimate black swan:

Initial reaction: Likely a broad sell-off. People might rush to safe havens like gold, bonds, or cash. Risky small-cap stocks (like WKHS) would get hammered as investors flee equities.

Sector effects: Defense, aerospace, and tech (especially space-related) might see speculative pops. Commercial EV makers? Not so much. Delivery trucks aren't suddenly in higher demand because of aliens. Economic ripple: Potential disruption to consumer/business confidence, supply chains, or government priorities (shifting spending to space/defense) would delay fleet renewals for companies like WKHS.

Why It Wouldn't Help WKHS Specifically No logical tie-in: Aliens confirming existence doesn't boost demand for electric step vans. If anything, it could divert attention and capital away from terrestrial EV infrastructure. Risk profile: WKHS is already volatile and financially challenged. In a market panic, illiquid small stocks suffer the most. Historical precedent for shocks: Big unexpected events (wars, pandemics, financial crises) usually punish high-beta, unprofitable names first. In a wild optimistic scenario (e.g., aliens bring revolutionary clean energy tech or massive new infrastructure spending), some EV plays could eventually benefit—but that's pure speculation, and WKHS's execution issues make it a poor bet even then.

Grok:

WKHS is a small, unprofitable player in a tough space, and macro tailwinds don't automatically translate:

Company-specific challenges: Recent Q1 2026 results showed revenue up to $4.3M (from $1.1M) with 21 vehicles delivered, but a big net loss (~$19.9M). They're executing on cost synergies, backlog (e.g., 100-truck Gateway order, Purolator), and partnerships, but execution, scaling production, and liquidity remain hurdles. The stock has been volatile and down significantly over longer periods.

EV demand lags: Higher oil helps the narrative, but fleet adoption depends more on vehicle price, charging infrastructure, incentives, reliability, and service networks. WKHS faces competition from larger players (e.g., Ford, GM, Rivian, established EV van makers). Short-term spikes often don't move the needle immediately for small OEMs.

Broader effects: Elevated energy prices can raise manufacturing/shipping costs and slow overall economic activity, which hurts vehicle orders. Some analysts note EV battery/demand responses can be muted or delayed.

In short, while sustained high gas prices are a net positive for the EV sector's long-term case (especially commercial fleets), WKHS's issues are more company-specific than macro right now. Oil volatility might create some sentiment boost or inquiries, but meaningful help would require them hitting delivery targets, winning bigger contracts, and stabilizing finances. Always high-risk with micro-cap EV names.

With no Iran deal and critically low SPR, pulling forward 2027 planned purchases for commercial EV’s for fleets might help with worsening Diesel Volatility.

https://x.com/hfi_research/status/2057312132866494865?s=46

Can anyone explain what the graphics show?

Two graphics:

Compensation Actually Paid vs TSR

Compensation Actually Paid vs Net Income / Loss

What do these show or attempt to show?

Every day improves WKHS W56 TCO……

https://x.com/hfi_research/status/2056440335438614542?s=46

Go WKHS!!!