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Far away - but interesting
VOLVO - TRUCK with H combustion engine - 2030 = maybe if it works
https://www.msn.com/en-us/autos/news/the-future-of-heavy-transport-volvo-s-hydrogen-trucks-aim-for-net-zero-co2/ar-BB1o6Y1D?ocid=msedgntp&pc=LCTS&cvid=8ab22fde0a3e46609865fd4b64b6d28b&ei=37
What about hydrogen?
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
PUBLISHED WED, JUN 12 2024
https://www.cnbc.com/2024/06/12/1-billion-in-ev-tax-credits-issued-upfront-to-buyers-say-treasury-irs.html
Perfect question
My Assumption - with no link - was that Volvo is in no position to support the needed volume for Proterra to be break even. Now Volvo does not have to go for break even. But seems to me - for now ? - it would make sense for VOLVO to have Proterra making batteries for NKLA ----(if nothing else then testing them with a notable volume)
But I have not read anything specific and agree it would be good to know
Proterra used to make the batteries used by Nikola in their hydrogen FCEV truck, now also used in the BEV trucks. Per the following article Proterra was acquired by Volvo earlier this year. Does anyone have any additional information on this topic? Are they the sole suppliers of batteries to Nikola?. https://www.volvogroup.com/en/news-and-media/news/2024/feb/volvo-completes-acquisition-of-battery-business-from-proterra-inc--and-proterra-operating-company.html
thanks
Seems seriously competitive - maybe not superior
I do wonder when - in a calendar time - NKLA will have upgraded its "inventory" and start selling for some serious cash inflows -- as that inventory is "paid for"
I hadn't seen it here yet, so sorry if this has already been posted.
11 jun 2024 - At ACT Expo 2024, Nikola Motor Company showcased their BEV 2.0. This is an improved version of their original BEV. In this video, we speak with Steve Girsky, Nikola's new CEO, about the improvements made to this truck and what future Nikola trucks could look like. We also talk with Ryan May, Head of Software & Controls, about the software in the BEV 2.0.
DNU, initially the hydrogen hubs on the Western part of the US are more beneficial as that's where Nikola is concentrating initial sale efforts, but for the long term, all 7 hydrogen hubs are beneficial to Nikola.
Which if any are most supportive of NKLA ?
Reposting from PLUG board, courtesy of B_B!
UD DOE close to finalising cooperative agreements with seven hydrogen hubs
By Charlie Currie on Jun 11, 2024
The US Department of Energy (DOE) is close to signing cooperative agreements with the seven regional clean hydrogen hubs previously selected for a combined $7bn of funding.
Speaking at the Hydrogen Americas Summit in Washington, DC, Kelly Cummins, Acting Director, Office of Clean Energy Demonstrations at the US DOE, told the event that the hubs would not only link hydrogen producers and end-users, but also finance, workforce and supply chains.
.....
https://www.h2-view.com/story/ud-doe-close-to-finalising-cooperative-agreements-with-seven-hydrogen-hubs/2111057.article/
not make sense?
the data (which I do not think I can move from your picture) as you reported just now
a reduction in BEV but no redemptions - makes sense as buyers of NKLA trucks moving from BEV to FCEV - or bluntly staying Battery but going elsewhere
before the RS - as high as possible ?
not sure ----- indeed not sure it super matters - be it 40 50 or 60 cents
I do know - right or wrong - that I prefer management do the deed fast - and then that day or each day for a week after - release good news
the damage from a R/S is a reduction in PPS of the NEW higher price. It will happen just like gravity. But it can be mitigated by good news at THAT time
Good news now changes the pre RS price - say 65 cents but then is not there ready to support to the new PPS (I think the math is math and no PPS now matters other than in count of new shares we own but not the % we own??????)
I think I posted something close to this before
If the goal is >300 - we should be shipping a MIN of 25 a month and soon 35 a month when supply constraints lift off
And indeed - while we MUST build to order (can not afford to spend without payment very soon) with a focus on LARGER sales - NKLA needs to be "up to speed" (maybe with parts but not the labor cost - for the next 25?)
??
did we drop without sales?
CM, the new data shows a continuation of recent trend, an increase in Unredeemed vouchers for the hydrogen FCEV truck (16 added in May), and a reduction in vouchers for the BEV truck. What puzzles me is that when I filter for Redeemed vouchers for 2024, it shows no Redeemed vouchers through the end of May 2024, which doesn't make sense. The constant increase in Unredeemed vouchers for the hydrogen FCEV truck is actually good news, although, I'd like to see more significant increases.
It's almost like the officers of the company don't want to announce anything to try and move the price up, yet they they have the ok for the RS,.... One would think they would want the price as high as possible BEFORE doing the actual RS!
I am puzzled why we haven't seen monthly production figures like other manufacturers provide. We did get numbers for April so was expecting to continue monthly for the future. IMHO you cant claim to be in production if you don't provide those numbers. Should be doing 20-25 FCEV a month by now and of course shipping the upgraded BEV 2.0 from the recalled stock.
WTM, I'm not sure if I'm reading this correctly. If I am reading it correctly I don't think it's good new, correct?
Latest California HVIP Unredeemed vouchers as of end of May 2024 (top), end of April 2024 (Bottom)..
https://californiahvip.org/impact/#deployed-vehicle-mapping-tool
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Freght truck or freight wave -- has a solid uplifting article on NKLA
Repost from PLUG board.
Link to Plug Power 2024 Annual Shareholder Meeting Presentation on June 05, 2024 10:00 AM ET. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001093691/5964b8a4-1176-40c6-888e-4e9f917e11e3.pdf
My bet -- but I bet my bet is a good one
This lawsuit has mostly lies - not enough to win - and some truth here and there
BUT
For better or worse - my bet is that after fighting for a while - say 6 months --- over night one night a deal will be reached and we will read about it say early 2025.
NKLA and Trevor agree to a settlement - This lawsuit is dropped with a promise to never file for a penny again IN RETURN NKLA agrees to not pursue the 150MM Trevor owes them (which IMO was not going to see the light of day for years if ever)
That is what the suit smells like to me
Eagerly awaiting the end of May update to the California HVIP voucher data. Link https://californiahvip.org/impact/#deployed-vehicle-mapping-tool
WTM, that is exactly what I'm referring too.
Any merit to Trevor M's lawsuit?
I'm not sure what it really means, but the stock closed above Tuesday's close and is trending up in AH.
Nikola Motors #follownone NKLA will Dominate the World Market
Jose's E. Bike Emporium
Posted Jun 4, 2024
Jeff Bezos Emphasizes The Core Of Investment Wisdom: 'The Stock Is Not The Company, And The Company Is Not The Stock' — Insights From The Amazon Founder On Navigating Market Perceptions
Jeannine Mancini
Tue, Nov 21, 2023
https://finance.yahoo.com/news/jeff-bezos-emphasizes-core-investment-164945423.html
In a 2018 episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” Amazon.com Inc. Founder Jeff Bezos shared insights about the company’s journey and its relationship with stock prices. The interview delved into Amazon’s expansion beyond books, exploring its venture into music, videos, electronics, toys and a wide array of products.
Bezos shared an anecdote about the company’s early days, explaining how he solicited customer feedback to guide Amazon’s diversification. He described sending emails to 1,000 random customers asking what else they wanted Amazon to sell. He received an assortment of responses, including a memorable request for windshield wiper blades, showcasing the potential for Amazon to expand its product offerings significantly.
Addressing the stock’s performance, Bezos recalled a significant fluctuation: Amazon’s stock reached around $113 during the internet bubble then dropped to $6 in less than a year. Despite this, he noted that internal business metrics, such as customer numbers and profit per unit, were consistently improving.
Bezos emphasized the distinction between a company and its stock. stating, “The stock is not the company, and the company is not the stock.” While Amazon’s stock price fell, the company’s internal metrics indicated robust growth and progress. He pointed out that during the financial bust following the internet bubble, Amazon had the necessary capital and did not require additional funding. This financial stability allowed the company to continue its growth trajectory despite the turbulent stock market.
Understanding that a company’s stock price doesn’t always accurately reflect its actual performance is essential. For investors, especially those interested in investing in startups, this means that the real value lies in the company’s fundamentals — its business model, growth potential, leadership and market position. Picking good companies to invest in should be based on these tangible aspects rather than short-term stock performance.
Bezos also addressed criticisms about Amazon’s profitability, explaining that detractors accused Amazon of “selling dollar bills for 90 cents,” but he clarified that Amazon always had positive gross margins. It was a fixed-cost business, and he could see from internal metrics that once a certain volume was achieved, the company would cover its fixed costs and become profitable.
Throughout the conversation, Bezos highlighted the importance of focusing on the company’s core metrics and growth strategies, rather than being overly concerned with stock price fluctuations. This approach, he suggested, was key to navigating the challenges of the dot-com era and contributed to Amazon’s enduring success.
They have a challenge to juggle getting FCEVs to customers for “trials” so they can order large quantities and waiting for the improved supply chain volumes and costs to be in place. As they were talking of taking a hit on the early trial units I hope they make as many as supply will provide. In 18 months it should all be forgotten.
as for the BEVs they were upgrading the recalled units first to the 2.0 spec with new battery packs. That should be done this quarter and then they can upgrade the unsold inventory and move that. I believe most are now spoken for especially if you look at the California vouchers.
Fortunately, no signs of dilution, no signs of a reverse split, and no signs of the company following usual courses of action are in sight.
Post #9331
11/2/23
David West
The near-future risk for this stock is dilution, which will be caused by selling more of the stock that was authorized at the Qtr 2 Earnings Call. If the dilution causes the PPS to fall below $1 for an extended period, the risk of delisting from Nasdaq will follow. To keep the PPS above $1, the usual pattern is a reverse split.
Post #9332
11/2/23
WeTheMarket
DW, you are assuming too much in my opinion.
Also per the following link "If a company closes below a $1/share bid price for 30 consecutive days, the Nasdaq sends the company a written notice. The notice states that the company is no longer in compliance with its continued listing requirements and has 180 days to regain compliance. Otherwise, the company will face delisting."
Source https://thebowserreport.com/blog/the-nasdaqs-minimum-bid-price-requirement/
Not mentioned above, is that after 180 days, the company can ask for another 180 days extension, that is usually granted. So, practically, the company have over a year before worrying about being delisted if the share price falls below $1 and does not recover above it.
https://eletric-vehicles.com/nikola/nikola-shareholders-approve-reverse-stock-split-and-all-other-proposals/
I think ? the desired annual run rate on FCEV production and sales is ?? 300-400
So we likely want 20 in these still earlier supply expensive or constrained months ?
AND --- at what point in the calendar year does NKLA start selling BEV that is has on lot --- (not yet bought) --- I think 100 or so?
good question
maybe - ? - I can hope - there is some good news management has timed for the RS day?
that looked like an official announcement to me - company X account is official channel.
sold some today and will buy back if and when R/S announced - even though they may not be selling stock.
Hope to see new monthly numbers for May lets beat 20 FCEVs
Waiting for the company come out with their official announcement.
Most people are expecting the stock to drop after the RS, so why is the stock up 5% before the announcement?
It looks like we will have $15.00 stock after the RS.
Does anyone know how they will RS options?
Rystad: EU falling behind Net Zero targets
Jun 03 2024
https://www.carboncapturejournal.com/news/rystad-eu-falling-behind-net-zero-targets/6196.aspx
The European Union is set to fall far behind its ambitious energy transition targets for renewable energy, clean technology capacity and domestic supply chain investments, according to Rystad Energy research and modelling.
The EU's capital investments in clean technologies – including renewables, CCUS, hydrogen, batteries and nuclear – totalled $125 billion in 2023, dwarfed by China’s spending of $390 billion in the same sectors. The US is currently behind the EU in annual clean-tech spending, investing $86 billion in 2023, but the Inflation Reduction Act is set to spur investments while the EU’s spending will plateau in the years to come. The US will all but match the EU in total clean energy spending in 2030, and accelerate past the bloc in the ensuing years.
The Net-Zero Industry Act (NZIA) was passed by the EU earlier this year as a roadmap for the Union to meet its lofty goal of cutting emissions by 92% compared to 1990 levels by 2040 and reaching net zero by 2050. As a direct response to the US’ landmark Inflation Reduction Act, the EU has set ambitious targets through the NZIA to support nascent industries, homeshore supply chains and position the bloc as an attractive investment location through supplier incentives. However, the cleantech investment landscape in the EU is a contrasting story of ambition versus reality, and another dose of reality could be coming soon.
The EU elections are right around the corner, and the results are likely to have sweeping impacts on the bloc’s policy landscape. Many predict a political shift to the right following similar recent results in national elections, which could usher in a period of heightened Euroscepticism and decreased appetite to tackle climate change and the energy transition from a continental perspective. Next year is a pivotal one for the EU’s climate change progress, with reevaluations of its nationally determined contributions (NDC) and emissions goals expected, so significant political upheaval could have a long-lasting impact.
“The stakes are high in the upcoming EU election – as the EU strives to remain competitive in the global clean tech market, the rising right-wing populist wave could critically heighten the EU’s risk of falling further behind the US and China. The next few years are critical, and hesitancy or a lack of cohesion could see the bloc lagging its counterparts for decades to come. As things stand, the EU is losing ground and is highly unlikely to reach its lofty goals,” said Lars Nitter Havro, senior analyst of energy systems research at Rystad Energy.
The NZIA sets forth ambitious targets and provisions to boost the production and deployment of key clean technologies, including batteries, CCUS and hydrogen electrolyzers, as part of the EU's broader emissions reduction and energy security goals. The Act outlines production targets and regulatory frameworks to accelerate the development and commercialisation of these technologies, but only the battery sector is showing genuine promise. Yet despite the favorable outlook, as with solar manufacturers, some European battery manufacturing companies are favoring the greener pastures across the pond, emphasising the need for competitive developer conditions.
For instance, FREYR Battery, originally based in Norway, has relocated its headquarters to the United States and is setting up a gigafactory in Georgia to benefit from the Inflation Reduction Act's tax incentives. Similarly, Volkswagen, after its initial heavy investment in Northvolt, is now exploring opportunities in Canada to align with the IRA and maximize tax credits, illustrating a broader trend of shifting manufacturing to capitalize on favorable policy environments and sending a clear signal to policymakers. In addition, the Chinese manufacturers are doubling down in the EU, with EVE Energy targeting BWM offtake most recently with their announced Hungary manufacturing plant.
For CCUS, the NZIA focuses on enhancing injection capacity, a critical step for the permanent sequestration of carbon dioxide and lowering atmospheric CO2 levels. While capture technologies at emission sources have matured, the development of injection and storage infrastructure is not advancing at the same pace. The growth in injection capacity, essential for realizing the full potential of CCUS, has been hampered by a slower-than-expected development of storage sites, which remains a significant bottleneck. Recent data indicates the projected CO2 injection capacity will fall short of the NZIA target by about 63% by 2030, reflecting a widening gap between ambitious decarbonization goals and the current pace of infrastructure development.
Similarly, despite considerable investment and policy support, including initiatives such as the European Hydrogen Bank auction, hydrogen electrolyzers are not meeting the ambitious goals set by the NZIA. The recent auction results, where a total of 1.5 GW of electrolyzer capacity received support, underline the challenges in scaling up hydrogen production to meet the EU's target of 100 GW by 2030. Currently, the risked pipeline for hydrogen electrolyzers is falling 45% short of this target, highlighting a significant gap in achieving the required installation capacity. This shortfall can be attributed to a variety of factors, including technological challenges, high initial costs, and the slow development of the necessary infrastructure to support a widespread hydrogen economy.
The EU has also laid out specific targets for solar and wind energy capacity build-out in its updated Renewable Energy Directive (RED III), which was passed in October 2023. The bloc aims to generate 42.5% of its total power consumption from renewable sources by 2030 and is not far off that goal. Based on current and expected projects, the EU is expected to have about 975 gigawatts (GW) of combined solar and wind capacity, falling just short of the 1,050 GW required to hit its goal.
The success of this endeavor hinges on continued political and financial support for renewable technologies, which are vulnerable to political shifts and the reliability and availability of adequate manufacturing capacity. The EU has lost much of its manufacturing base to Chinese and US competition, and establishing a resilient supply chain in Europe is proving challenging. Key industry players are departing the bloc and relocating to regions with more attractive incentive structures, such as the US, and the EU simply cannot compete. The migration of these companies not only erodes the EU's manufacturing capacity but also increases its reliance on non-European sources for essential components, making it dependent on other nations to secure its targets.
I feel the same way!
It is tomorrow ?
And at this point --- while I do not want a RS (and then the added shares) -- best if it is to happen that it happen soon and fast
Why the rush to buy stock in the last 30 minutes before the RS announcement tomorrow?
HYZON out with another H fuel cell based Garbage Truck
review of the review
110% speculation
A good stock to speculate on - if one understands it is not an "investment"
NKLA Stock - Nikola - MINI Analysis Review - Martyn Lucas Investor
Martyn Lucas Investor
25.6K subscribers
Premiered 17 hours ago
Clean == Blue. which is probably what they will manufacture more of. It is reasonably economical to do CC after steam methane reforming to get the gray.
At the moment any Hydrogen is good news just so long as Green starts being manufactured in quantity and gradually they cut over or all new demand is met by green. I dont see that happening until 2028 at least and is the sort of bias the 45V was supposed to drive/address/fix
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Nikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Published June 03, 2020
https://nikolamotor.com/press_releases/nikola-and-vectoiq-acquisition-corp-announce-closing-of-business-combination-77
Steve Girsky
Girsky was GM Vice Chairman from March 2010 through January 2014. During that time he was responsible for several functional areas, including:
Global corporate strategy,
New business development,
Global product planning and program management,
Global connected customer/OnStar, and
GM Ventures LLC and global research & development.
Girsky also served as Chairman of the Adam Opel AG Supervisory Board and as interim President of GM Europe during this time frame, a critical period in
which the company established its current 'Drive Opel 2022' strategy. Girsky also held responsibility for GM's Global Purchasing and Supply Chain function
from 2011 to 2013, and served as Senior Advisor to General Motors from January 2014 to July 2014.
https://investor.gm.com/news-releases/news-release-details/gm-announces-stephen-girsky-retire-board-directors
https://www.freightwaves.com/news/shell-stuffing-how-nikola-became-vectoiqs-public-preference
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165678224
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165764942
Nikola and TC Energy Sign Joint Development Agreement
for Co-Development of Large-Scale Clean Hydrogen Hubs
October 7, 2021
Nikola and TC Energy sign joint development agreement for co-development of large-scale clean hydrogen hubs. Nikola Corporation (Nasdaq: NKLA), (Nikola),
a global leader in zero-emissions transportation and energy infrastructure solutions, and TC Energy Corporation (TSX,NYSE: TRP), (TC Energy), a leading
North American energy infrastructure company, have agreed to collaborate on co-developing, constructing, operating and owning large-scale hydrogen
production facilities (hubs) in the United States and Canada.
https://hydrogen-central.com/nikola-tc-energy-agreement-hydrogen-hubs/
#NationalHydrogenDay celebrations continue with a sneak peek of all things happeningat our Coolidge
manufacturing facility, including our Nikola Tre #FCEV, for our next episode of the #DrivingChange series!
1:57 PM · Oct 8, 2021
https://twitter.com/i/status/1446565427493044225
Hydrogen Heavy Duty Vehicle Industry Group Partners to Standardize Hydrogen Refueling,
Bringing Hydrogen Closer to Wide Scale Adoption
Published October 08, 2021
https://nikolamotor.com/press_releases/hydrogen-heavy-duty-vehicle-industry-group-partners-
to-standardize-hydrogen-refueling-bringing-hydrogen-closer-to-wide-scale-adoption-137
Gettin' it done. Season 2 of #DrivingChange starts with the continued journey
of the #NikolaTre FCEV alpha builds in Coolidge, Arizona.
November 3, 2021
https://www.facebook.com/nikolamotorcompany/videos/driving-change-season-2-episode-1-
get-it-done/1259891077770836/?__so__=permalink&__rv__=related_videos
https://www.youtube.com/watch?v=RokrKePeRrk
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