Yup
Went to the website to look at Q3 cash and equity shares
Seems -- for good or bad ---- in broad terms number of shares keeps rising - noticeably - to keep cash about equal ? (I expect a 200Mn or so cash burn this quarter and hope its not larger with no apparent sales visible and repair costs (if only parts so far) on the Battery Truck) . Others have said it before for diffferent years but boy 2024 is show me year.
NKLA becomes more speculative -- but I will be buying today to finally reduce my cost basis as NKLA does have a GREAT Hydrogen Truck (reality) and CA in particular makes the price extremely attractive and major sales fast are possible
Does anyone know if NKLA has invested/spent any $ on getting past what I think - ??? - was a 2,500 truck a year max capacity with three shifts (or was that 2,500 if correct - for one shift)
My math - extreme guessing and assuming 2025 revenue for H services - suggests that NKLA needs to get to 10,000 trucks to earn a profit of $1B --- or for now - a first step goal of say $10-$20 a share i (maybe on momentum - hitting 2,500 or 5,000 trucks - and attention and such - gets us the $10 with a higher anticipatory PPS).. WHICH all takes me back to the question --- HAS NKLA spent or invested in any capacity beyond what I recall is 2,500 trucks a year with three shifts
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