Nikola Corporation (NKLA)

[WeTheMarket]

Note that although I agree with many of the points Viceral Ace makes in the video in my previous post, in my opinion he is wrong with respect to the 1 MW-hour, (i.e., 1MW for 1 hour, or the power required to recharge one Class-8 Tesla truck) being equivalent to the power used by thousands of homes in one year.

Using the following equation:

1MW-hour = 1,000,000Watt-hour/(24hours/day x 365days/year) = 114Watt-year

We get that one MW-hour, would only be able to power a little more than one 100 Watt incandescent light bulb for one year (assuming that the light bulb is always on, 24 hours a day, 365 days a year).