Replies to post #3026 on Nikola Corporation (NKLA)

[Moeclay]

The lawsuits won't hold up. These "ambulance chasers" are usually looking for investors who've lost $50k minimum; and in the investing world the cliche is, "you only lose if you sell". So anyone who has sold for a loss based on a short sellers tactics, it's their own fault. Additionally, another reason the "lawsuit(s)" won't hold is because once the stock price recovers, that's evidence that whoever sold should have held, as the price recovered making ones "loss" a mute point thus going back to the cliche, "you only lose if you sell".

It's not even for sure that the DOJ or SEC are investigating NKLA as no party has confirmed nor denied it, but if they are being investigated and the investigation comes back clear, you will see NKLA quickly hit the high of the day when the GM partnership was announced...$55

[Televet]

"I want cars running on frequencies or water."

What the heck are you talking about?

[srm4u]

But none of those orders turn into revenue until Nikola completes its fundraising push and gets into production, targeted for late 2022. Its fueling network, with stand-alone stations dispensing hydrogen extracted from water, using electricity produced by wind, solar and other renewable sources, will take much of the 2020s to set up. The next three years will be tough and require nonstop spending by the unproven startup. But its success would benefit companies that have been plugging away in hydrogen for years, improving the odds of getting industry support Milton seeks.
“You can’t do this alone. Toyota and the others can’t do it on their own and neither could we,” he said. “The thing that Nikola brings to the table is we actually provide the entire network, we’re building 700 hydrogen stations around America. It will be the largest in the world.”

Milton is pushing trucks because it's easier to package the bulky tanks that hold compressed hydrogen gas on big trucks than cars, the technology's costs are easier to recoup on heavily used commercial vehicles than cars and refueling time and driving range are comparable to diesel trucks.
https://www.forbes.com/sites/alanohnsman/2019/04/14/can-a-15-billion-bet-on-fuel-cell-big-rigs-be-a-game-changer-for-hydrogen/#70a10893fe4c

https://nikolamotor.com/hydrogen
https://nelhydrogen.com/
https://www.cnhindustrial.com/en-us/Pages/homepage.aspx
https://www.iveco.com/Pages/Iveco-brands.html

NKLA does not use batteries with their hydrogen electrolyzer mega-factory.....about the only thing not green is the fact all components have to be manufactured.....same as your frequencies or water, where water has to be transported in areas where there is no water and where frequencies would need towers, also manufactured

A German engineering and tech company and a South Korean solar panel manufacturer have each invested at least $100 million in Phoenix-based Nikola Motor Co., which is in the midst of a $1 billion funding round.

Bosch and Hanwha are two strategic investors from prior funding rounds, together chipping in $230 million to help Nikola’s plan to design and manufacture thousands of hydrogen-electric-powered semi-trucks and hundreds of hydrogen stations.

https://www.bizjournals.com/phoenix/news/2019/09/05/more-strategic-investors-join-nikola-semi-truck.html
https://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0001731289