Nikola Corporation (NKLA)

[WeTheMarket]

Posted July 7, 2023.

Note that the analyst in the video mentions among other factors, the fire at the factory for the lower production numbers. This is wrong, the company purposely halted production in May to shift focus from BEVs to FCEVs, which are scheduled to start production this month.

No mention of the hydrogen FCEVs in the video whatsoever. The FCEVs are a game changer for Nikola, once those start production, I expect the sales number to go through the roof. Plug Power alone has an order for 75 FCEVs over the next three years, and another company recently announced an order for 100 FCEVs.

Personally I can't believe the degree of ignorance and misinformation out there. A lesson to be skeptical of everything you hear or read.