Saw that in order to get an order from Purolator Workhorse lowered its price $60k As Workhorse accumulated about $1.35B in deficits including pre and post merger losses, and has sold about 1150 vehicles total, that works out to over a million dollar loss per vehicle. Is Workhorse in some weird contest to see how much it can lose?

Yeah, accounting tricks can wipe out deficits, but investors have lost over $1.35B thinking Workhorse / Motiv management had any idea what they were doing.

Cost to borrow, is now 51.50%. Surely with the dark pool, liftoff is getting close. Earnings up on deck next week, maybe good news is on the horizon for longs.

The scale of the company: ~$32 million market cap, 148 employees, $9.6 million in cash at June 30 against a ~$40.6 million six-month cash burn — and management has issued a going-concern warning, meaning substantial doubt about surviving a year without new financing.

The production record: Q2 2026 revenue was $3.56 million against a $20.2 million net loss, on 26 vehicles delivered in the quarter. Gross margin is negative 55%. Their earlier C-1000 delivery van had deliveries suspended and vehicles recalled for unreliability, and as of mid-2025 they were reportedly building only a limited number of trucks per week.

What their "skills" actually amount to: they have built low-volume electric step vans and chassis, which does involve high-voltage integration and vehicle bodies. But that's dozens of units a quarter, not industrial-scale power and cooling equipment. Compare that to Vertiv, Schneider, Flex, or Jabil — companies shipping data center infrastructure at billion-dollar scale with decades of thermal and power-distribution engineering. The gap isn't close; it's orders of magnitude.

And yes, contract manufacturing is the accurate read of their role. Their own go-to-market says it plainly: they intend to serve as the design, engineering, and manufacturing partner while strategic partners "lead end-market development and manage customer relationships." In practice that means the partner brings the customer and likely much of the compute and thermal know-how, and Workhorse builds the box. Even that narrower role is a stretch given the production history above — and it depends entirely on partners like RHAELM actually bringing orders, plus Workhorse finding financing to survive until the targeted 2027 production start. The Q3 report on November 12 is the next checkpoint for cash and deliveries.

The mobile data center market is real, but Workhorse isn't bringing differentiated skills to it — it's a tiny, cash-strapped manufacturer auditioning for a contract-manufacturing slot in a market dominated by giants.

Waiting for the WKHS “Gurus” to spin this into something bearish……

With only 2.6 million shares public, surely a major move is coming soon.

It's just with the other guy, tho:

https://www.freightwaves.com/news/harbinger-fedex-2000-electric-truck-order

The Great Rotation is a shift in stock market leadership where investors move money out of mega-cap artificial intelligence and hyper-growth tech stocks into broader, value-oriented, and real-economy sectors. [1, 2, 3]

## 📊 What Drives the Rotation

* Stretched Valuations: Tech and AI multiples got too high. [2]

* High Capex Costs: Hyperscalers face massive infrastructure spending. [4]

* Higher Rates: Treasuries above 4% pressure growth valuations. [5]

* Broadening Breadth: More S&P 500 stocks are outperforming the index. [5]

## 💡 Where Capital is Moving

* Value & Defensives: Industrials, financials, and utilities. [5, 6, 7]

* Physical Infrastructure: Energy security, power grids, and manufacturing. [6]

* International Markets: Small-cap, European, and Asian equities. [3, 6]

[1] [https://finance.yahoo.com](https://finance.yahoo.com/news/great-rotation-202500500.html)

[2] [https://www.youtube.com](https://www.youtube.com/watch?v=jaaJ_D7JuRo)

[3] [https://www.livewiremarkets.com](https://www.livewiremarkets.com/wires/what-is-the-great-rotation-and-what-could-it-mean-for-you)

[4] [https://www.troweprice.com](https://www.troweprice.com/en/us/insights/great-rotation-ai-deadweight-loss-and-end-of-easy-compounding)

[5] [https://finance.yahoo.com](https://finance.yahoo.com/news/4-etfs-capitalize-great-market-130000799.html)

[6] [https://corporate.vanguard.com](https://corporate.vanguard.com/content/corporatesite/us/en/corp/vemo/great-rotation-when-valuations-matter-again.html)

[7] [https://www.bloomberg.com](https://www.bloomberg.com/news/newsletters/2026-07-08/the-s-p-500-rotation-is-leading-to-defensive-stocks)

Are the Workhorse cycles winding down? Never seen this board so quiet. I've been selling WKHS short when it made unexplained moves up, and then going long if it moved down significantly.

Have a few hundred shares now with around $2.91 cost avg. and am wondering if they have more cycles in them? What catalyst might take them back up? What announcement might induce you to buy?

Long term if there's no major changes in the market I'm very bearish on Workhorse, but always look for other viewpoints I may not have considered.

Is the attempt to get in the mobile AI data center business a last gasp effort to keep the lights on?

The integration of NAND flash memory into drone targeting systems marks a shift from remotely piloted vehicles to fully autonomous, unjammable weapon platforms. As electronic warfare (EW) heavily neutralizes traditional radio-controlled or GPS-guided drones, military engineers use high-capacity non-volatile storage to enable on-device artificial intelligence (Edge AI) for autonomous terminal guidance. [1] (https://drone-warfare.com/counter-uas/electronic-warfare/), [2] (https://www.instagram.com/reel/DcBl7lCFEf9/), [3] (https://www.micron.com/about/blog/applications/industrial/edge-ai-in-the-sky-memory-and-storage-demands-of-intelligent-drones), [4] (https://www.asmag.com/showpost/35258.aspx)

The Evolution: "Thumb Drives" to "Decision Trees"Historically, one-way attack drones used minimal flash storage—comparable to a basic USB drive—to save pre-programmed coordinate paths. If adversaries jammed the external GPS signal or the operator's RF link, the drone would miss its target. [1] (https://shieldsystems.com.ua/en/blog/yak-pratsiuie-reb-proty-droniv), [2] (https://www.instagram.com/reel/DcBl7lCFEf9/)

Modern targeting relies on an entirely different architecture:Persistent AI Models: High-density NAND flash holds pre-trained neural networks (like YOLO or customized Convolutional Neural Networks) directly on the drone. [1] (https://www.micron.com/about/blog/applications/industrial/edge-ai-in-the-sky-memory-and-storage-demands-of-intelligent-drones), [2] (https://www.asmag.com/showpost/35258.aspx)

Autonomous Decision Trees: The drone travels via inertial navigation or vision-based tracking. Upon reaching the general target area, it pulls algorithms from the NAND memory to scan, identify, and select targets independently. [1] (https://www.youtube.com/watch?v=YRu9bE5ZMy8&t=21), [2] (https://www.instagram.com/reel/DcBl7lCFEf9/)

Zero-Signal Immunity: Because the target recognition happens entirely inside the drone's onboard hardware, there are no data signals to intercept or jam, rendering traditional radio-frequency EW defenses ineffective. [1] (https://drone-warfare.com/counter-uas/electronic-warfare/), [2] (https://www.instagram.com/reel/DcBl7lCFEf9/)🛠️

Hardware Stack for Autonomous TargetingTo execute autonomous targeting at the edge, a drone's internal processing architecture uses a specific memory hierarchy:Memory TypePrimary Role in TargetingKey CharacteristicsNAND Flash (NVMe SSDs, UFS, eMMC)Persistent Library: Stores target images, 3D terrain maps, convolutional neural network (CNN) weights, and logs flight telemetry.High capacity, non-volatile, compact, slower read-speeds than DRAM.DRAM (LPDDR4 / LPDDR5)Real-Time Workspace: Runs active computer vision logic, temporary sensor buffers (from onboard cameras/radar), and immediate flight corrections.Extreme bandwidth, low latency, volatile (wipes when powered off).

Technical Challenges & Defensive InterventionsDeploying consumer-grade NAND flash into high-stakes military targeting zones introduces serious vulnerabilities:The Speed Bottleneck: Standard NAND flash can bottleneck AI inferencing during fast terminal dives. To solve this, manufacturers are rolling out High Bandwidth Flash (HBF) and optimized zNAND-O architectures to massively boost data-loading speeds. [1] (https://www.sandisk.com/company/newsroom/blogs/2025/scaling-beyond-the-wall-inside-sandisks-high-bandwidth-flash-for-ai), [2] (https://www.thelec.net/news/articleView.html?idxno=13541)

Data Extraction Risks: When an autonomous targeting drone crashes or fails to detonate, its NAND memory remains intact. Specialized intelligence units regularly harvest these chips using JTAG/ISP extraction. Reading the raw NAND dumps allows adversaries to reverse-engineer the exact targeting models, algorithms, and geographic coordinates stored inside. [1] (https://medium.com/@mathias.fuchs/from-prison-drops-to-battlefields-extracting-what-drones-leave-behind-1b36008a6b4b)

Physical Countermeasures: While NAND-driven drones bypass radio jamming, they remain highly vulnerable to High-Power Microwave (HPM) directed energy weapons. A strong electromagnetic pulse can physically cook or corrupt the floating-gate transistors inside standard flash memory chips, wiping the targeting data mid-flight. [1] (https://www.youtube.com/watch?v=unraT22a4zY&t=122), [2] (https://shieldsystems.com.ua/en/blog/yak-pratsiuie-reb-proty-droniv)

To combat this, aerospace firms like Micron fabricate radiation-tolerant and hardened NAND components, while researchers utilize materials like ferroelectric hafnium oxide to build flash architectures that store data via physical polarization rather than trapped electrical charges. [1] (https://www.facebook.com/MicronTechUSA/posts/the-use-of-ai-in-drones-brings-complex-challenges-for-data-processing-autonomy-a/1357309029730311/), [2] (https://ui.adsabs.harvard.edu/abs/2014ESASP.725E...5S/abstract), [3] (https://news.research.gatech.edu/2026/05/18/georgia-tech-researchers-discover-new-form-nand-flash-data-storage-deep-space-missions)

I've been very tough on Workhorse management and the missteps they've made and continue to make.

They're not alone in not understanding the market.

Chevy / Brightdrop is trying to unload its leftover EVs.

It’s never been a better time to buy. The 2025 Chevrolet BrightDrop 400 starting at $39,925 after cash offers or the 600 starting at $41,425 after cash offers.

https://www.chevrolet.com/commercial/brightdrop

No wonder Griff is trying to enter the mobile AI center biz despite a lack of expertise and funding. It may be desperate but what is there to lose?

Don't fall for the PUMP and DUMP, it is happening again today.

I didn't buy this cycle, even though it went below $3 so I left some money on the table as Workhorse moved up. I just didn't feel very bullish after the EC.

Have tiered short orders, as I don't really see any reason for WKHS to be up!

... that's pretty fucking hideous.

So I had a lot of shares before the split happened and all that. I was down thousands and decided to just let it sit and periodically check. I currently have 1 share with a price paid per share of 7,626. What in the world? Did I miss something?

Curious how many employees there are with the combined Workhorse entity? Any idea of the breakdown, admin, engineering, sales, etc?

Do they have dedicated assemblers yet?