Nu Ride is NOT bashed because of the unknown. It's a shell company, that is known. It isn't bashed because it's a shell company either. It's a shell, it doesn't do anything. People disagree with you because you are wrong. I'm not sure why you post pictures of the sedan and the "truck" or van. Neither of them have anything to do with Nu Ride. Why is it pumped by certain people with old irrelevant news? Probably because of fear of the unknown. What if Nu Ride cannot find a partner? What if Nu Ride never makes anything and simply disappears into nothing? What if all the stock-based compensation and all the insider buying turns out to be worthless? They are NOT an EV company now. Even you cannot argue with that. They may be in the future, but right now Nu RIDE is simply homage to the old ticker, RIDE, nothing more than that. It DOESN'T say they are going into the EV business. They might, but since management is made of of fund managers and nobody with EV experience, as Hightower sold all his shares and is gone, they are probably looking at another line of business. You probably see that as well.
Yes, there is this Foxconn suit in the background, but nothing court-wise has happened since December, and nothing will be decided at the next Omnibus hearing.
As to the "Set up to make millionaires" comment, well, maybe not, but you are long based on thinking that this will make you money. It's a reasonable position to hold this stock expecting that the management will make a deal and that this will no longer be a shell and be a real money making company rather than the failure RIDE turned out to be. Yes, the Endurance had potential, but it never lived up to that potential, and RIDE failed to produce profits or even a significant number of vehicles. The plant is still being used to produce EVs now, just not vehicles that you would normally see on the road. But, long story short, be long. Nobody is saying you can't be long here. We are just disagreeing with most of your points, though you are correct about the March buying.
