Solar Roof is not a single product from Tesla, and stock value is not dependent on it. Nikola One was never working prototype and never turn up to be an actual product, at all. Solar Roof is actual product and in use.
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I think you’re given them way too much credit. I think they will never get anywhere close to developing and running actual H2 fueling stations. IMO the whole brother thing is just to get his brother in on the stock option profits before the whole thing blows up.
Then Milton should just come out and say they rolled it down a hill. There were comments from him around this video that they were now road testing at that point, so he can't admit it.
I think you’re given them way too much credit. I think they will never get anywhere close to developing and running actual H2 fueling stations. IMO the whole brother thing is just to get his brother in on the stock option profits before the whole thing blows up.
He did?I voted against the merger and Musk has since said I made the right call
"The houses you see around you are all solar houses"
They weren't.
Two years later: "We now have several hundred homes with solar roofs on them".
Tesla later "clarified" that this included homes scheduled for install. Reuters reported there were actually about a dozen solar roofs in existence.
They were clearly road testing in that video. After all, we don't want runaway semis barreling down a hill out of control. Need to test against that potential outcome!Then Milton should just come out and say they rolled it down a hill. There were comments from him around this video that they were now road testing at that point, so he can't admit it.
The video:
Which says:
Behold, the 1,000 HP, zero-emission Nikola One semi-truck in motion. Get ready for the pre-production units to hit fleets next year in 2019 for testing. The Nikola #hydrogenelectric trucks will take on any #semitruck and outperform them in every category; weight, acceleration, stopping, safety and features - all with a 500-1,000 mile range!
Now, if you have links to statements (and yes, I recognize Trevor started cleaning up his Twitter history after the Hindenburg report came out) to Trevor claiming road testing was happening (his future present tense qualifies) with the Class 8 trucks in Jan of 2018, then those statements would indeed potentially be material for the SEC or shareholder lawsuits.
By April 2019, they did show 2 trucks running on their own power:
And they had an unveiling about the same in which Trevor claims "real" about a dozen times. Yes, he doth protest too much:
You don't think Nikola can buy and install a NEL ASA H2 generation/fueling station? They're available to anyone:
Atmospheric Alkaline Electrolyser | Nel Hydrogen
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You didn’t watch the presentation? That was the part where he surprised the audience by pointing out the solar tiles were on the houses immediately around them. So rather than just showing the tiles from the stage, they had already put them on the houses. That in no way insinuates they were generating power."The houses you see around you are all solar houses"
They weren't.
Two years later: "We now have several hundred homes with solar roofs on them".
Tesla later "clarified" that this included homes scheduled for install. Reuters reported there were actually about a dozen solar roofs in existence.
You are seriously trying to support this by using Business Insider? All Tesla FUD all the time (at least at that time). Elon saying that unexpected problems with the initial Model 3 production caused Solar City projects to be neglected means that indeed things could have been done more optimally. It doesn't mean that the Solar City acquisition was a bad idea at the time.
Um, Nikola is Trevor Milton. It's just a fraud vehicle for the guy. You think he gives a damn about anyone else? You think anyone else has any control over anything? There's no there there whatsoever is my suspicion. Whether he can be prosecuted and his profits disgorged I have no idea, but that would be the fairest outcome. My guess is though that he'll just skip out with lots of personal profit and leave everybody else to pick through the wreckage.Okay, how about this one: Nikola Corp | Nikola Refutes Allegations
earlier, you asked if Trevor even involved the SEC. So if they did not, but released this press release, then that's an SEC violation. If the SEC is involved, then the investigators will turn on NKLA once/if Hindenberg's allegations vet.
Edit: Trevor Milton is done. If NKLA wants to save itself, dumping Trevor will be the only solution.
Okay, how about this one: Nikola Corp | Nikola Refutes Allegations
earlier, you asked if Trevor even involved the SEC. So if they did not, but released this press release, then that's an SEC violation. If the SEC is involved, then the investigators will turn on NKLA once/if Hindenberg's allegations vet.
Edit: Trevor Milton is done. If NKLA wants to save itself, dumping Trevor will be the only solution.