Workhorse is ready to flex its muscle as a contract manufacturer, with the company disclosing a new partnership with a Silicon Valley-based electric vehicle company Tuesday.
STOCKSTOWATCHTODAY BLOG Workhorse Group stock tumbled on Tuesday after the electric-van manufacturer said it expects to sell fewer vehicles than previously expected and cut its revenue guidance for the full year.
Electric delivery truck maker Workhorse Group (NASDAQ: WKHS) has had a rough start to its commercial business. It updated investors with its second-quarter results today, and the response wasn't positive. The company said it needed to alter its vehicle design to certify the C-1000 under Federal Motor Vehicle Safety Standards.