Re:We View Nikola’s Response as a Tacit Admission of Securit...
by new_realist on Tuesday September 15, 2020 @10:48AM
(#24481799)
It’s amazing how many people believe Tesla and Nikola are different beasts, when they execute in an almost identical manner, and have the same set of short sellers.
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Re:We View Nikola’s Response as a Tacit Admission of Securit...
by InTheArena on Tuesday September 15, 2020 @10:56AM
(#24481888)
Except, you know, building and selling the car that brought the EV market back from the dead, building a high end brand with the Model S, then building the most popular EV in the world, which is more then holding it's own against the rest of the established automotive world.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by new_realist on Tuesday September 15, 2020 @11:43AM
(#24482548)
Tesla is 17 years old, Nikola is much younger.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by mthoms on Tuesday September 15, 2020 @01:01PM
(#24483581)
So... they are different beasts? Which is it?
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by InTheArena on Tuesday September 15, 2020 @02:34PM
(#24484935)
Or, even if you want to accept that time frame, Tesla built their own cars. This is the detail of the contract Nikola signed with GM.
It's pretty obvious that there isn't anything here at this point.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by lacker on Tuesday September 15, 2020 @10:53AM
(#24481864)
The main difference is that I can drive around in a Tesla and it seems like a pretty nice car. I don’t own one but it can’t really be a hoax at this point.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by sg47 on Tuesday September 15, 2020 @11:07AM
(#24482013)
You can do that on a Nikola too. You need to start in a hilly area and ensure that you are going downhill. Nikola leverages gravity to deliver a form of transportation that uses the cleanest possible energy - gravity.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by revscat on Tuesday September 15, 2020 @11:30AM
(#24482365)
And using its super advanced HTML5 machine learning and Nikola's patented "3rd Law 2.0", it takes that gravity and stores it in a regenerative fuel cell in the battery for energy. It does this by redirecting existing inertia into the forward dampeners!
So cool.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by voxic11 on Tuesday September 15, 2020 @11:30AM
(#24482368)
no Nikolas have been delivered to customers, so no you cannot do that.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by DobryMorozov on Tuesday September 15, 2020 @03:18PM
(#24485547)
Technically, from their SEC financial statements, they recorded $36,000 in revenue from installing solar panels at Trevor Milton's house.
He couldn't let it be zero!
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by hn_throwaway_99 on Tuesday September 15, 2020 @11:59PM
(#24489421)
I thought you were joking, but holy shit it's true!
Made me curious if there are any "pre-revenue" startups (let's say revenue < .5% of expenses) that IPOed and didn't eventually collapse. After all, it is a particularly ballsy move to IPO without any actual revenue, never mind profits.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by sg47 on Tuesday September 15, 2020 @11:36AM
(#24482448)
Please use imagination till delivery.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by zaphar on Tuesday September 15, 2020 @11:39AM
(#24482499)
Tesla has several different cars I can buy and drive right now. Nikola as far as I can tell has absolutely nothing I can buy and drive right now. One of these things is most definitely not like the other.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by carlosdp on Tuesday September 15, 2020 @10:55AM
(#24481877)
Tesla actually has working products in production with waitlists to buy them, I'd say they are very different...
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by mrtnmcc on Tuesday September 15, 2020 @11:19AM
(#24482188)
Like any interview, all it takes is a little dip into technical details to separate a Nikola from a Tesla. One focused on the physics and another on the facade. The leadship also sets the template for who works there. An LDS member with no serious technical background will attract a house of hacks, not hackers.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by gamblor956 on Tuesday September 15, 2020 @11:44AM
(#24482560)
Different kinds of fraud. Elon lies because his lies sell cars (I.e. FSD perpetually 1 quarter away). The purchasers are the aggrieved.
The effect his lies have on the stock market is secondary.
Re:We View Nikola’s Response as a Tacit Admission of Securit...
by billhathaway on Tuesday September 15, 2020 @10:57AM
(#24481895)
Yet one has sold a million vehicles