I first tweeted about $DPHC when it was under $12. It's above $25 now. I kept adding all the way thru $14, because of how high my conviction is. Over a month later, it's still high. A thread on why I think it's still a buy and has plenty of room to run: https://twitter.com/stocktalkweekly/status/1291356885300514817?s=20

Story of @LordstownMotors factory is a marketing tool in itself. A retired factory of a legacy American automaker in $GM transitions to a new-age, EV factory reviving an industrial town. They're targeting the rugged, blue collar American that buys trucks

Market potential is huge for EV startups. Most are targeting the American market to debut. Americans purchased $92B of pickups in 2019 alone. In April of this year, monthly sales for pickups passed passenger cars for the first time in US history. $DPHC Endurance is a pickup truck

$DPHC Endurance is a one-of-a-kind pickup. 7500 lbs towing capacity, zero emission, equivalent 75 MPG. Unique 4-part drive train (typical drive train has over 2000 moving parts); expected to have better traction than any truck on market. That's how you differentiate a product.

CEO Steve Burns: “The fact that we are going after the commercial fleet market is a differentiated value proposition”. He's right. No other proposed EV pickup has a commercial fleet integration of any kind. This gives $DPHC much better ability to attract corporate buyers.

The Endurance has a ton of preorders. Just a month ago, the number was 27k preorders for an est. revenue of $1.4B. @LordstownMotors recently announced that preorders surpassed $2B which would account for over 38k preorders. Endurance also plans to beat $TSLA Cybertruck to launch

$GM ties to $DPHC didn't stop at the factory loan. They invested $75M in @LordstownMotors, which is looking, so far, to be a much better bet than their investment in $NKLA. $DPHC is also backed by $WKHS, who has a 10% stake (CEO Steve Burns is also on their board). Ties matter.

Having a factory & production partners in place is one of the biggest challenges for an auto startup. @LordstownMotors & $DPHC have solved this problem early. That's important because it accommodates one of the most important aspects for a growth company, and that's SCALABILITY.

On $NKLA: @HindenburgRes note crushed the stock's momentum & @nikolatrevor failed to deliver a substantial rebuttal. Former $NKLA investors are looking to move their money to other EV ventures. With the Badger potentially off the table, $DPHC has a clear runway for EV pickups

Whether you're a $DPHC bull or bear, let us know what you think. We try our best to reply to every tweet! Follow us for more content like this. we plan to start doing threads on a weekly basis. As always, we appreciate the interactions and support! Happy trading & investing.