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All discussion of Nikola Motors
- Thread starter Buckminster
- Start date
bkp_duke
Well-Known Member
How this stock is still in double digits is beyond me......should be about $0.42 in my book
FTFY
I spent $8 on puts before close. If it goes to $.42 next week I’ll be able to buy two more Tesla shares
JRP3
Hyperactive Member
So the stock has to hit those milestones - $25, $40, $55. Until it hits $25, you get nothing, and it is around $12 today.
So if I am reading this right, at this time the company is not spending or has spent any valuable cash on these bonuses, but will when their capitalization grows? No different from how Musk's compensation was laid out?
So if I am reading this right, at this time the company is not spending or has spent any valuable cash on these bonuses, but will when their capitalization grows? No different from how Musk's compensation was laid out?
So in this video, the author is a bit FUDish. You get the impression that cash is being drained out to pay these executives today, which is not exactly true. Although I agree those tranches & bonuses are overly generous, for a company that has achieved nothing.
Also why is that ex-Chairman fraud getting anything at all?
mltv
Member
mltv
Member
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Nikola shareholders reject executive pay proposal
Shareholders of Nikola Corp (NKLA.O) have voted against a proposal to approve compensation awarded to its "named executive officers," including $159.2 million to founder and former executive chairman Trevor R. Milton that was later reduced, the electric truck maker said on Tuesday.
www.reuters.com
Knightshade
Well-Known Member
Heh, from the link "Nikola, once a high-flying company whose shares tanked over 80% from its peak partly due to ongoing probes by regulators and prosecutors"
Also partly due to having essentially nothing of value in either IP, talent, or product.
Also partly due to having essentially nothing of value in either IP, talent, or product.
“The decision, although non-binding…”This is rational for once.Nikola shareholders reject executive pay proposal
Shareholders of Nikola Corp (NKLA.O) have voted against a proposal to approve compensation awarded to its "named executive officers," including $159.2 million to founder and former executive chairman Trevor R. Milton that was later reduced, the electric truck maker said on Tuesday.
Finally got charged...
Nikola Founder Trevor Milton Charged With Securities Fraud
Federal prosecutors allege Mr. Milton took part in a scheme to defraud investors by getting them to purchase shares of Nikola by making false statements about the company’s product and technology development.
www.wsj.com
Nikola founder Trevor Milton is indicted for allegedly lying about 'nearly all aspects of the business'
Nikola founder Trevor Milton faces federal charges of lying to investors, according to an indictment unsealed in New York on Thursday.
About time. Here's hoping this will keep him from ever doing this again to share holders. Ya know when your gut tells you something is not just right? This validates those feelings.Finally got charged...
This $NKLA story really just shows how many gullible investors are out there that do not have an avenue like TMC for research. I mean, the minute i started digging deeper into T-Milli's history, i knew it was shady AF. Then, you had the Diesel bros pumping the CGI badger just screamed extreme douchery. I'll give T-Milli one thing though, he actually believed what he was spewing ala Gordon Clown Johnson 
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