Unless the grant includes "build trucks" the money can't not be used to build trucks. It would not be necessary to build a truck to test the system. By an engine or develop just the engine. NKLA can't be the only company that has hydrogen fueled engines.
Anyway, I would vote my shares to allow the funds.
Combine with other company.
Get funds from other sources, i.e., State or corporate (having an interest).
I fail to understand how you think any company - say NKLA - can change on a dime
For reasons good or bad - NKLA has made progress - enough or not enough - everyone can decide for themselves
I suggest - any holder look at the offering material (I assume the August Law Change will allow NKLA to move forward) - and to use those materials - (hopefully readable !!) to determine if they want to sell - buy more - or stand pat.
Seems to me - what is past is past. As with any company - evaluate FROM HERE going forward - not by looking back. And if you think this management has done a bad job - sell (?)
The above is not a recommendation to buy or sell. I am tired of people who look back and complain. True for any company. The future is all that matters.
They have applied for huge govt loans but they take 9-12 months to come through. They need to build trucks and H2 production NOW. So think again how public companies fund their growth.