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A comment on Nikola: How to Parlay an Ocean of Lies into a Partnership with GM. Parent comment

Re:Nikola: How to Parlay an Ocean of Lies into a Partnership... by maxerickson on Thursday September 10, 2020 @07:59PM (#24437876)
If they are losing money doing those things it isn't really much of a business.

They do appear to be generating income from operations these days, but the size of the operation has increased so fast that it is hard to analyze.

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Re:Nikola: How to Parlay an Ocean of Lies into a Partnership... by CydeWeys on Thursday September 10, 2020 @08:10PM (#24437944)
They've actually been showing profits recently.

But even if they weren't, there's a lot of daylight between unprofitable and fraudulent!

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Re:Nikola: How to Parlay an Ocean of Lies into a Partnership... by Hypx on Thursday September 10, 2020 @10:09PM (#24438495)
All "profits" come from regulatory credits. Even then, there's plenty of aggressive accounting going on. It's arguable Tesla has never been profitable and still isn't.
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Re:Nikola: How to Parlay an Ocean of Lies into a Partnership... by buttcoinslol on Friday September 11, 2020 @12:49AM (#24439289)
I'm sure the S&P 500 committee took note, they decided not to include TSLA in the index, which I am thankful for.
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