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“Green” transportation stocks are red hot right now
There has been a lot of publicity that has generated a lot of investor interest in alternative transportation fuels, some of which have definitely reached "bubble" valuations.
Electric truck maker Workhorse (WKHS) recently soared to a $2 billion valuation, even though its 2019 production of electric trucks was exactly zero.
Special purpose acquisition company Tortoise Acquisition (SHLL) has doubled in value after announcing a deal to merge with electric truck maker Hyliion. Hyliion is promoting its version of the electric truck which works