Full record
MissmarketsWorkhorse Group will exhaust its cash by June 2021 and collapse as a going concern
A scored prediction by Tom Nash, made on .
Scored prediction
Missmarkets“they have just enough cash to make it until june 2021 after that it's kaput”
Workhorse Group will exhaust its cash by June 2021 and collapse as a going concern
- Made on
- 2020-10-14
- Outcome
- Miss
- Importance
- 2 / 5
- Effect on score
- -0.89
What counted as right
- Status
- resolved
- Settled on
- 2021-06-30
Workhorse Group (WKHS) runs out of operating cash and files for bankruptcy or ceases as a going concern on or before 2021-06-30
Criterion ('runs out of operating cash and files for bankruptcy or ceases as a going concern on or before 2021-06-30') did not occur; resolution date = deadline. WKHS did lose its USPS NGDV bid (Feb 2021) and its stock fell sharply, but the company retained a large cash balance (>$200M) and continued operating — it neither exhausted cash nor collapsed by 2021-06-30. Criterion NOT met (prediction failed). Outcome value deferred to scoring.
Sources
Workhorse Group (WKHS) Stock Analysis (USPS Contract Impact)
YouTube ·
Evidence of what happened
Workhorse Group (WKHS) did not run out of operating cash, file for bankruptcy, or cease as a going concern on or before 2021-06-30. It remained well-capitalized in the first half of 2021 (it had ended 2020 with roughly $200M in cash and continued to hold a strong net cash position through 2021), and continued operating as a publicly listed going concern.
Workhorse continued as a going concern well past the deadline; substantial-doubt going-concern language and a possible reverse merger only surfaced in much later filings (circa 2025), not by mid-2021. No Chapter 11 petition was filed by June 2021.
Corrections
No public corrections.
Effect on the score
-0.89- How sure they sounded
- 85%
- Outcome
- Miss
- Importance
- 2 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
Workhorse Group will exhaust its cash by June 2021 and coll…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2020-10-14
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources