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Re: seventhcircle post# 4096

Saturday, 02/27/2021 5:05:45 PM

Saturday, February 27, 2021 5:05:45 PM

Post# of 10694
It's dead already, $NKLA is just burning whatever cash it has left. And in the ER call, they had admitted that for any Nikola Tre truck they sell for $300k (they increased the MSRO from $250k to $300k now) the margin will be a negative 150%! So let me see, it seems like when they sell a truck for $300k, they will lose $450k. In other words, it costs them a whopping $750k to make/purchase from Iveco (Nikola doesn't really make their own Nikola Tre trucks) and sell one Nikola Tre truck, and even after selling it for $300k they will still lose $450k - which is exactly equat to the said negative 150% margin . Smh..???? ?? ??
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