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Nikola Corporation (NKLA)
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Just curious how many people actually believe in this company??
I would love to hear a reason why. Is it just a meme stock?
a wise man once said "buy when others are fearful".
Granted NKLA have had their share of problems. Milton being one. The factory is underway. they are still looking in relatively good shape to have production underway by year end.
you have to bear in mind initially this was a "speculative" play. No wonder it was shorted to oblivion.
hydrogen vehicles will be the future especially in haulage circles since the environmental impact and also cost is far more favourable to lithium.
in the UK we are slowly switching to LNG for our heavy goods vehicles. Hydrogen will follow.
The market corrected and this is now what I deem to be a fair price, but, it is definitely a long term hold. Year end will tell.
There will always be shorts on boards like this. there will always be haters.
The longevity and potential of what could be achieved far outweighs the short term fluctuations in price imo.
Does anyone know when the production factory is supposed to be ready? I know they started on it 6 months ago, but to my untrained eyes it seems like there os a whole lot left to do.
Now the fire sale by Milton makes sense. He should be investigated for insider trading. He surely should have known about the departure of of the former head of the fuel-cell development program.
This company is another Enron.
Today, NKLA was the best among all EVs. Next week will be in $13 level. Enjoy weekend.
Bloomberg) -- Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel-cell development program.
The company said Jesse Schneider, executive vice president of technology, hydrogen and fuel cells, left the company as of April 1. He had led its engineering teams working on fuel-cell systems, a planned hydrogen fueling station network and storage technology.
NKLA = Will develop a submarine that is made purely of concrete and sinks to to the bottom using gravity just like the stock price 😂 😂
You guys sell and I will buy with every penny i got
So I thought the only thing these guys had going for them was building out the fuel infrastructure part of the business but with the head leaving what does that mean? What else are these folks doing to bring product to market as their website is very short on news. I’m a long investor and trying to find a reason to hold on to my stock. Anyone have any good information on new products or breakthroughs which will vindicate us longs?
Why’s it dropping today?
Trevor is selling ahead of April lockup expiration?
Longs, accept it, you have been had.
I feel sorry for those who bought at $90 lol
"Trevor Milton, who stepped down as executive chair seven months ago in the wake of a short seller’s report and online accusations, sold 3.5m Nikola shares on Wednesday at the closing price of $13.89"
Yup, he sold 3.5 million shares cuz it's going to the moon!!
I’m not worried, if Nikola corporates with IVECO Germany and NEL Hydrogen Norway
Then they are serious and will end up with a large share of the European market.
Investors are starting to separate the EV companies that are actually producing stuff from those who are producing photoshop images of their dream trucks.
see how the arizona factory is being built. look beyond appearance. hydrogen is what best suits our needs, it is the future. however you have to wait at least 2 or 3 years and you will be rewarded for the effort
Equinor are creating the worlds first hydrogen power station...they are formerly known as statoil. Owned by the Norwegian state. Norway's oil fund owns 4.4 percent of Nikola. Its basically Norway creating the worlds first hydrogen power station, and Norway own the 4.4 percent of Nikola. The world's richest country will not let this fail..
I got out 3 weeks ago at 17.00 a share and took 6.00 loss on all my shares, I just knew this going down like the titanic
Anyone still think this is the next Tesla?
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