- The stock price of Worksport Ltd (NASDAQ: WKSP) increased by over 24% during intraday trading today. This is why it happened.
The stock price of Worksport Ltd (NASDAQ: WKSP) increased by over 24% during intraday trading today. This is a continuation in momentum as the company stock price is now up more than 50% over the past 5 trading sessions.
Investors are responding positively to Worksport starting the countdown on a website the company has been preparing in anticipation of the Terravis System launch.
The website will provide a simple way for the public to reserve their order spot for the market’s first-of-its-kind solar-integrated tonneau cover and COR mobile Energy Storage Systems (ESS), designed and manufactured by Worksport and Terravis Energy.
The systems can operate standalone or with the COR ESS — which features hot-swapping technology. And for those who prefer to pay for the systems in installments, Worksport will be setting up financing solutions, details of which will be provided closer to full-scale production. The management believes that providing a financing option will be beneficial to the Company and its customers.
The company management believes the solar cover and COR will significantly broaden the company’s revenue streams with expectations of annual revenue in the 9-figure range.
Pre-orders of the TerraVis Systems will start on Tuesday, September 21, 2021, at 8:00 AM EST. The pre-order site can be found at goterravis.com.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.