mltv
Member
It amaze me that there are actually people who buy those shares more than he transferring and selling them.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
All discussion of Nikola Motors
- Thread starter Buckminster
- Start date
CyberGus
Not Just a Member
RobDickinson
Active Member
SageBrush
REJECT Fascism
I imagine that is his defense that he was not dumping and running, but I still expect an emergency court order to freeze his assets -- wife or not.
I get the feeling he, his friends, and family are going to be generous with a lot of politicians and media types...
Knightshade
Well-Known Member
Nikola Awarded U.S. Department of Energy Grant
/PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA), a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell...
www.prnewswire.com
Your tax dollars at work.
RobDickinson
Active Member
That sucks.
This company has conned billions out of investors and is currently under gov investigation for , well, basically being a complete fraud with no tech.
This is money better spent elsewhere
This company has conned billions out of investors and is currently under gov investigation for , well, basically being a complete fraud with no tech.
This is money better spent elsewhere
You mean the market has finally figured out that it might be worth less than the initial $10 SPAC offering after they have spent a bunch of money and granted stock awards?
Nikola Awarded U.S. Department of Energy Grant
/PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA), a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell...
Your tax dollars at work.
How is that even possible?!?!!?!
As a taxpayer that makes me livid.
linux-works
Active Member
RobDickinson
Active Member
They'll run out of cash q1/2 next year if they carry on burning it at the rate they are?
They could raise more money but they dont have a plan or a product to sell, their entire existence is based on lies
They could raise more money but they dont have a plan or a product to sell, their entire existence is based on lies
SageBrush
REJECT Fascism
NKLA is a scam and a fraud, but there are also lessons to learn from that company.
There is a common opinion in the USA (and maybe elsewhere) that an enterprising and skilled entrepreneur can pull together tech invented, developed, and industrialized elsewhere into a novel product or service that takes the market. It started with resellers of Asian made goods and then a heyday of 'assembled in the USA' companies flourished.
NKLA is the extreme of that attitude: let GM build the drivetrain, let one of the European truck companies build the chassis, let someone else build the hydrogen making machine .... NKLA will pull it all together and become the greatest integrator there ever was.
When NKLA is buried and forgotten, the market will still be awash with dreamy eyed integrators and a slick pitch.
There is a common opinion in the USA (and maybe elsewhere) that an enterprising and skilled entrepreneur can pull together tech invented, developed, and industrialized elsewhere into a novel product or service that takes the market. It started with resellers of Asian made goods and then a heyday of 'assembled in the USA' companies flourished.
NKLA is the extreme of that attitude: let GM build the drivetrain, let one of the European truck companies build the chassis, let someone else build the hydrogen making machine .... NKLA will pull it all together and become the greatest integrator there ever was.
When NKLA is buried and forgotten, the market will still be awash with dreamy eyed integrators and a slick pitch.
mltv
Member
Seems like analysts still enamor with integrator like Fisker. Though I think the are more legit than Nikola, they just do the design and let other companies build their product. I'm not sure how many tech are their own.
RobDickinson
Active Member
Afik nikola have some rolling truck chassis they bought in
an empty warehouse they are trying to sell
and a part complete 'factory'
an empty warehouse they are trying to sell
and a part complete 'factory'
Similar threads
- Locked
