Somehow Nikola Still Exists

[@geekyprojects1353]

This leaves the question - what is better: internal combustion trucks, or spontaneous combustion trucks?

[@trazyntheinfinite9895]

😅

[@OffGridInvestor]

Best comment yet on EVs

[@johnvanzoest4532]

Do you mean in practical terms, or for sheer entertainment?

[@موسى_7]

External combustion, also known as jet engines

[@pawebernaciak1581]

trains

[@justlisten82]

Nikola should change their name to Newton since they use gravity for propulsion 😂

[@mr.lumbergh]

Well played.

[@danieldeblasio9368]

Nikola is actually selling trucks. How man trucks has Tesla sold?0

[@justlisten82]

@@danieldeblasio9368 Tesla already sold some to Pepsi albeit less than Nikola has sold in total. Was a funny comment that's it.

[@lombardo141]

You definitely borrowed this joke from somewhere else cause I have heard it before. Still funny though

[@danieldeblasio9368]

@@justlisten82 No, they are still testing them out. THERE IS NO SALE DUMMY!

[@pencilcase8068]

You gotta give them credit, they are a persistent bunch

[@magnetospin]

Even if they do somehow fix all the engineering issues and get a working truck running, their best hope is probably to be acquired by an established motor company.

[@vorpalinferno9711]

Toyota?

[@cybernoid001]

... they have a working truck, they have done tons of ride-alongs with people and had it at CES, opening the hood and showing the fuel cell and hydrogen tanks. They've even delivered some of the fuel cell vehicles to customers already, along with fuel stations for them to fuel up with.

[@magnetospin]

@@cybernoid001 Well, having a working truck doesn't mean all the engineering issues are solved. As mentioned in this video, they have some major issues.

[@skierpage]

@@cybernoid001 no, Nikola hasn't built a single hydrogen fuel station. Its joke HYLA business proposes to deliver mobile hydrogen refueling via diesel trucks.

[@BeyondEcstasy]

Wouldn't GM have already done that if it was a sensible move?

[@moneymondays]

Best thing they could do is literally sell the company to someone who wants the name "Nikola".

[@amrana9749]

Sell to tesla😂

[@nikolaunfit]

Yeah

[@ZacThaBarber]

That names forever tainted unfortunately

[@EdwinSteiner]

"We suspect foul play because a vehicle was spotted close to the company grounds and we all know that our trucks like to combust spontaneously when approached by other vehicles."

[@BangBangBang.]

Electric/battery semi only works at shipping terminals where you need the power to pull heavy loads. They're called "yard dogs" sometimes, its a flat faced semi tractor because its not on the road requiring aerodynamics. Or they pull containers between facilities in a city. But on the highway/interstate, nope I don't see it happening. I've got tons of experience in trucking dealing with owner/operators.

[@BangBangBang.]

I could see Volvo coming out with a hybrid. The issue with on the road (OTR) trucking or any trucking in general is the math of your actual weight of tractor and trailer plus your load. Unnecessary weight, like on a Model S is 1300lbs+ so I can see a semi truck using multiple ones. Bringing multiple loads to a facility per day with less cargo weight over time leads to a defecit versus using diesel. And with trucking 24/7, "charging your truck" isn't an option. Owner/operators want to keep costs down so they'd have to buy one tractor specifically to pull loads while one recharged.

[@Victor-vj5ds]

80% of trucks dont go more than 300 miles a day, Tesla already has a battery teuck that goes 500 miles at full cargo. The trucks can be used in 90% of truck use cases if the infrastructure is built out

[@ianhall6614]

The cargo weight of the Tesla semi is far less than typical semi trucks because of how heavy the truck is. So you pay more for a truck that can take less cargo a shorter distance than what we already have. And on top of that nobody even knows when they are going to be delivered.

[@Victor-vj5ds]

@ianhall6614 the cargo weight reduction is a small fraction of the total cargo capacity, the truck is not that much heavier. Most trucks aren't weight limited, most of the time they are space limited which is related to the trailer they are hauling. The cost savings in fuel and maintenance is the selling point, about 200,000$ in savings every 3 years.

[@usptact]

One of the many zombie companies continue to linger around

[@aaron6806]

Nikola will be finished any minute now. It was lots of fun trading their options because of the insane volatility, but I firmly believe the end is here and the slow grind to zero has begun.

[@ricardodeleon1307]

I drive by offer by their headquarters in Tempe and I'm always amazed how it's still going lol

[@oldleatherhandsfriends4053]

The building isn't even finished inside. All the solar panels on the parking shades aren't even hooked up.

[@Urfinchannel]

Wrong@@oldleatherhandsfriends4053

[@Urfinchannel]

It is finished ,even with a Bosch fuel cell line @@oldleatherhandsfriends4053

[@jamessmyth5949]

There are people who invested a whole heap of their money into this company. So all who got sucked in are trying to keep it afloat otherwise their investment is all going to go down the drain with no hope of getting it back. The way they're doing it is kind of like trying to keep a sinking ship afloat by stuffing newspaper into the holes to stop the leaks.

[@skierpage]

$NKLA has returned to being powered by Hydrogen Hype after a brief flirtation with EV Excitement, after the whole gravity powering the truck down the hill scam. Plus it shares Nikola Tesla's name with the most valuable automaker in the world, that's got to be worth something. To the moon!

[@0783155]

Basically it's a copy-paste of the Dutch company Lightyear.

[@skierpage]

@@0783155 They're quite different. Nikola raised many times more than Lightyear, Crunchbase says as of December 2023 Nikola raised $3.4 billion over 11 rounds, I think Lightyear was only around $280M. But Nikola never even tried to deliver on its core value proposition: develop its own hydrogen fuel cell trucks and solve the chicken-and-egg problem by making its own green hydrogen to sell at its own 600 hydrogen refueling truck stops. Instead it screwed around with CGI renders of a jetski and an off-road vehicle and the debacle of the Badger pickup truck, then cobbled together a battery electric truck. It didn't focus on the main mission because lyin' Trevor knew that the trucks and fuel and H2 stations would remain hopelessly uneconomic for years, possibly forever. Lightyear was commendably focused on an efficient solar car. It just ran out of fuel in the valley of death between building cool prototypes and needing $750M to manufacture at scale to bring costs down; Aptera, Arrival, Canoo, Einride, ElectraMeccanica, Faraday Future, Mullen, Phoenix Motors, Ree Volta, Xos all face that deadly stretch that has already killed Arcimoto, Proterra, Smith Electric, and Volta . Nikola did a lot of lying and tap-dancing to distract, but it's driven part-way into that same valley of death.

[@docvolt5214]

Imagine investing on any vehicle that doesn't use gasoline or diesel.. Geniuses

[@serebii666]

@@docvolt5214 Yeah imagine it - the ICE is the candle/kerosene lamp of today.

[@allhailderpfestor4839]

As much as i wanna see a cool story of the fraud company turning into a legit successful business, it seems Nikola won't make the cut.

[@БеловБорис-у4щ]

I am sure that some engineers and other prefessionals went to Nicola to make future not fraude. Its kind of pitty for their careers and efforts

[@onsokumaru4663]

@@БеловБорис-у4щ A company is defined by its leaders

[@Meatball2022]

5:33 nothing like a CEO putting the company’s financial status ahead of possible lives lost…

[@namele55777]

boeing?

[@ashtontyler3774]

Tells you how much of a scam some of these "businesses" truly are.

[@SchwaAlien]

The correct path to truck electrification has always been diesel-electric plug-in with varying amounts of battery modules depending on the application… it allows for full electrification in areas that get the charging infrastructure and diesel based charging / operation where there isn’t charging infrastructure, like every diesel-electric freight train.

[@jackryan9183]

How the heck did Trevor Milton only get four years in prison for such a massive fraud?

[@EnterTheSoundscape]

White collar crime

[@Terrorbrot]

They prob felt pity because hes that stupid

[@Karl-Benny]

It`s how the US works the other top 10% looks at him as a hero

[@aaaaaaaard9586]

It's nothing compared to Elon and he's not even in jail

[@dickylegita6211]

What did Elon do​@@aaaaaaaard9586

[@libertarian1637]

$297k per truck to replace batteries; the trucks cost less than that. Subsidies need to end as they just seem to be blowing up these EV bubbles that are just unsustainable.

[@samsonsoturian6013]

The remaining firm appears to be legit, but to make vehicles profitably you need robots that are expensive. Maybe they should just sell parts rather than completed trucks

[@oldleatherhandsfriends4053]

They don't make parts, they buy nearly everything from other manufacturers. I've been in thier HQ and production areas. The co.pany is a joke and deserves to fail.

[@skierpage]

Nikola has ZERO parts or intellectual property of its own (unless you count lyin' Trevor's "HTML5 Supercomputer!!"). A Tre fuel cell truck is Bosch fuel cells and a Proterra (now bankrupt) battery pack in a modified Iveco S-Way cab-over truck.

[@RA-HADES]

If you recall a bunch of vehicles for spontaneous combustion issues, why park them bunched together? Why not spaced apart, with some fire extinguishers nearby?

[@OffGridInvestor]

Reminds me of chinese covid testing. They didn't have the people 6ft apart. They had them chest to back so tight they couldn't move.

[@skierpage]

Bear's Workshop channel has a recent flyover video "Nikola Motors update, is it real???" showing 350 recalled (and never-delivered anywhere) battery trucks and a few dozen fuel cell trucks. Nikola removed the battery packs, they're the black squares near the trucks. Sad!

[@PopSmokeWo]

@@skierpageThey are delivering the recalls to fleet owners. You seem uninformed. WattEV has orderder new BEV trucks while on recall

[@skierpage]

@@PopSmokeWo I don't think so. Nikola has not announced a fix for the battery fires nor a new battery supplier. It liquidated the Romeo battery pack equipment that it acquired in July, so it would have to qualify a new battery supplier, and Proterra that was supplying batteries for the fuel cell Tre went bankrupt. Also in July Nikola said it was transitioning the battery Tre to build to order. I can't find any information about WattEV since "Nikola recently announced the upcoming sale and delivery of the trucks to WattEV" in May 2023. You seem to be fantasizing that this company isn't a complete disaster. Provide dated statements from Nikola that suggests otherwise.

[@michaelmoorrees3585]

Well, at least they're giving it a try to make something. The current management is sort of obligated to give it a try. That's the only way to try to reimburse the investors. Though it probably still go belly-up. Especially, with the battery problems.

[@skierpage]

Management is gifting itself millions in shares almost as fast as the stock price drops. "Nikola granted ‘performance’ awards valued at $567 million to executives last year [2020]". Management should be honest and declare bankruptcy so creditors get something, but that would immediately make their stock worthless.

[@scottlauren3145]

They're doomed. I love your videos dude.

[@BangBangBang.]

Nikola's semi stunt video and Elon Musk's "robot" requiring a human operator to fold a shirt to give you an idea what it "would" look like if they had the technology.

[@twenty4play]

Elon has pulled the same stunts (if not worse) as Trevor Milton… and continues to. Pumping stocks on Twitter, embellishing progress.

[@peoplelikefrank]

Musk, fake it till you make it. So many lies. So much tax payers money lost.

[@charlesloomis2224]

I want to be the next CEO of Nikola. Get paid, leave the company in 2 years, accomplish nothing!

[@Ryan_DeWitt]

The more I see about electric trucks and cars, the more impractical they seem to ever replace ICE unless there is some incredible change in battery tech which most scientist say in reality is unlikely anytime soon despite countless promises that never seem to come.

[@zarpeter_1]

I work in Battery R&D, there is the technology to have a exceptionally good cycling stability and very very fast charge & discharge but it is prohibitively expensive to do because you need to treat the surfaces - look up; 3D Battery Design

[@george6977]

Reminds me of early cars replacing the horse.😂

[@norgeek]

Electric has a LOT of advantages over ICE; an electric motor us much smaller, weighs a lot less, has much better torque and torque curves that make multi-speed transmissions unnecessary, they have far fewer moving parts and require much less servicing. For the vast majority of users we're already well beyond the necessary range of battery-electric vehicles for typical daily driving distance -- but that assumes that you have the ability to charge at night in your garage or driveway or on public charging. For occasional longer trips you're dependent on a well constructed high-powered charging infrastructure. In both cases it seems like the US is lagging far behind (northern) Europe in those regards, where both at-home charging and high-speed charging is very accessible to most people. My old EV has a ~100-150 mile range and it's completely non-problematic for me to drive across the continent from my home in Norway to southern Spain or Italy, for example. Electric last-mile distribution is also becoming common here, along with electric busses etc. For long-haul transport we're definitely running into issues with battery capacity vs weight/size. Ideally we'd need batteries that lasted 4,5 hours and charged in 45 minutes to match the mandatory drive/rest regulations here, I assume it'd take even more range to replace diesel in the US or Australia. Hydrogen is a more likely solution until then, with all the benefits of electric but without the downsides of a battery. Does need yet another infrastructure buildout, but it would primarily have to focus on truck stops and freight distribution hubs rather than in-city locations for passenger vehicles. Hydrogen is still *problematic* in many ways, from fire risk through hydrogen embrittlement to the extremely inefficient use of energy to generate hydrogen in most cases.

[@BSJinx]

@@george6977 This is why ICE vehicles and not electric ones replaced horses.

[@somethingsomethingsomethingdar]

The main limitation is the battery. And while many suppose solutions have been proposed, no battery is yet being mass produced that can replace lithium ion batteries. The most likely future batteries that will make it feasible or carbon nano tube batteries. Once you see those enter into the electric formula cars that’s when it’ll be close to where electric vehicles will replace ice vehicles completely

[@MarlinWilliams-ts5ul]

Hydrogen fuel cells are a bad idea for motive power. Hydrogen is expensive to make, is highly explosive, corrosive, hard to contain in tanks and pipelines due to its light weight, and has to be stored in its liquid state at -450°F. Hydrogen is a nonstarter.

[@BSJinx]

At least NIkola seems likely to go out with a bang and not a whimper. Or maybe a BOOM! (And it is really a good thing for California's hemorrhaging economy to be the last resort for otherwise unworkable technology?)

[@MichaelHarto]

They didn't really need to tilt the camera to shoot the truck running downhill. On some mountain highways, the road and the landscape looks totally flat when you see outside your vehicle, but when you stand still, you could feel that they are slanted. Sometimes when you're driving a car, you couldn't even tell if you're going uphill or downhill, because the road is so long and flat.

[@Seoulsearch616]

I always enjoy these reports! 👍🏼

[@jfkastner]

Electric Trucks are wonderful for dense Cities like NYC/Manhattan because of Air quality issues. Anywhere else they might fail.

[@the0ne809]

For short trips, Electric trucks are fine. Tesla semis are trash for long haul. That's why Pepsi uses them to carry mostly chips in short trips.

[@toomanyaccounts]

cold weather in chicago and other places are making ev users go back to gas

[@OffGridInvestor]

Short trips they're great too. Otherwise it's pretty pointless

[@kulls13]

Please cover Arrival Bus next. They're pre-revenue and literally just stopped filing SCC filings like 1 year ago.

[@skierpage]

TechCrunch had a good article on Arrival in November, "This EV startup was going to revolutionize how cars were made - now, it’s on life support." W$M could equally well cover the stumbles and disastrous financials of Aptera, Canoo, Einride, Faraday Future, Mullen, Phoenix Motors, etc. Too late for Arcimoto, Proterra, Smith Electric, Volta, etc. who (I think) have gone bankrupt. Elon Musk: "Prototypes are easy, production is hard", also "Production with positive cash flow is extremely hard."

[@arranf]

Arrival was finally delisted yesterday so may be not worth doing a video now.

[@ChangingFrames]

Even though some of the contents that you mentioned is true, some of the other contents are not true like: how did you come to know of the cost of a fuel-cell truck? And blaming for what they did before and continuing to use that against them isn't fair to a growing company. I hope Nikola survives all these and comes out strong.

[@Qs_Internet_Cafe]

"And blaming for what they did before and continuing to use that against them isn't fair to a growing company" - Ah, that explains why scammers exist ! Because people like you ! Noice !

[@phyarth8082]

More Scania trucks with pantographs coming to Germany's. Economical question if route is so packet with truck traffic why not make full electrified train railway line. 1.5 tons battery pack is issue because it is 1.5 tons lost cargo.

[@norgeek]

A 1.5 ton battery doesn't translate to 1.5 ton of lost cargo weight - you're also losing almost a ton of diesel engine and transmission compared to an electric motor and reduction gear, and typically 500-1000kgs of diesel. Additionally, a lot of trucked cargo is limited by permitted cargo volume rather than weight.

[@phyarth8082]

@@norgeek Truck have four electric motors and I guess it will have some kind of transmission to increase torque it probably will be permanent or e-motors must be very big and cooper is most expensive part of vehicle besides lithium battery. Diesel is very energy dense fuel 45MJ/kg and lithium 0.6MJ/kg thus way beyond 20 times denser than lithium battery. That is biggest failure of any EV vehicle. 500-1000kgs of diesel. is to exploit driver not to make unnecessary fuel stops, at least EV truck maybe more humane.

[@ryaneylee]

@@phyarth8082 that assumes equivalent energy conversion efficiency though, but a lot of combusted diesel is wasted as unusable heat

[@phyarth8082]

@@ryaneylee Good point, if and only if all electricity been produced with renewables. But 80% electric energy is fossil fuel, and yeah 1kg of fuel only 0.4 kg converted into electric energy (40%) which in EV motors have 80% efficiency converting into kinetic motion energy. And here we get that in total 0.8*04=0.32 or 32% thus diesel and petrol efficiency is 30% but if you count energy looses in transmission and battery charging losses - 25%. To many "middle-man" in process of energy conversions EV is less efficient than ICE.

[@skierpage]

@@phyarth8082 You ignore the energy it takes to refine and ship gasoline and diesel. What matters is battery electric trucking is both cheaper per mile and much lower greenhouse gas (and particulate) emissions overall than a combustion-engined truck. Since the majority of new generation is wind and solar because they are cheap and quick, every EV on the road will only get cleaner.

[@Karl-Benny]

Trevor Milton should be forced to pay back every mom and dad investor that lost Money

[@mikafiltenborg7572]

Trevor Milton have fun time in prison now 😂😂😂

[@SomeoneFromBeijing]

It’s kinda crazy that they’re trying this in the US. Trucks in Europe and Asia are more frequently doing short distance deliveries, while American trucks usually travel hundreds of miles a day. Not surprising that Volvo is selling more trucks.

[@ferrarikg]

Just shows how good of an idea hydrogen trucks is

[@borisyeltsin6606]

I can't tell if this is sarcasm and it's genuinely concerning

[@cyclopsvision6370]

@@borisyeltsin6606 Hydrogen fuel cells are a mature and proven technology. The problem is that it costs around $30/kg, which is 5x the operating cost of diesel.

[@skierpage]

@@cyclopsvision6370 and a $750,000 truck. At least battery electric is cheap to operate.

[@cheddarcheese]

I drive by their HQ ~once a week and think, wow thy are still there.

[@MarlinWilliams-ts5ul]

I say the same thing about Rivian.

[@nkugwamarkwilliam8878]

well i guess no wants to lose money that's why they are keeping it alive and all those still in want to pass it on to some else

[@marcopalladino7048]

To show unbiased facts about NKLA, you should tell people a couple of days ago HYLA, subsidiary energy co of NKLA, opened the first hydrogen refueling station. They plan to open up to 9 stations by the end of 2024. In a market like US, most of of trucks burn gasoline to run but soon or later this thing is about to change. Companies need to lower their carbon footprint, hydrogen could be a cheap option, but its adoption is years behind and its production is scarce (that's why it costs a lot per kilogram). In Europe Eni and others petroleum giants tryed to pump a misure of hydrogen and others inert gasses into their existing infrastructure with success. Maybe it's only matter of time.

[@frosmof2306]

8:35 Note that gasoline is also extremely flammable and can be deadly (and contrary to hydrogen, it doesn't dissipate)... Both carburants have high enthalpy, that is basically why we can use them as fuel in a vehicle... so that is not really an argument against using hydrogen as fuel.

[@dosmastrify]

The presentation about how they were going to be owner operator focused and have their own Marketplace was not a terrible idea

[@user-hq2jl6sm1n]

Good topic for a video, can’t believe nikola still exists.

[@mikafiltenborg7572]

Scam compagny Nikola Motor bankrupt Q2 2024

[@blubb7711]

FCEVs are just to expensive. Hydrogen Combustion engines are the future.

[@OffGridInvestor]

You realise that the tanks won't hold any hydrogen as soon as they get above some temperature that's DRAMATICALLY below freezing? You know that 7 series BMW from 2005 that ran on hydrogen combustion? Couldn't even hold the hydrogen in the tank for more than 8 hours before venting it all. It primarily ran on gasoline

[@skierpage]

Hydrogen combustion is far less efficient than a fuel cell powering a motor (which is less efficient than putting electricity in a battery) and it has emissions. It is even more dead than hydrogen fuel cells.

[@blubb7711]

@@OffGridInvestor you mean cryo hydrogen tanks which aren´t used anymore. The standard now is 350 or 700 bar pressure tanks, safe up to 120°C.

[@cacbdb]

@@blubb7711 good luck driving on top of 700 bar pressure tank (no matter the gas type) and having an accident.

[@blubb7711]

@@cacbdb it’s perfectly safe.

[@heavierthanheaven88]

Nikola will take off soon. New management of GM vets making great moves this quarter.

[@mikafiltenborg7572]

Nikola have Less than 200 costumers pr year

[@mikafiltenborg7572]

You sound like a NKLA bagholder😂

[@glowing_clod969]

I have a hard time seeing electronic cars and similar vehicles taking off in the near foreseeable future. Smaller transportation such as bikes and scooters at least are capable of having multiple batteries you can change mid travel like a gas can unless evs can come up with something similar for cars the power problems aren't easily managed.

[@cpm1003]

It seems to me like electric cars already have taken off. I see tons of them on my commute every day, and they do make pretty good sense for local commuting purposes. They make a lot less sense for long road trips, and electric semis are a totally insane idea.

[@vylbird8014]

Depends where you are. They are increasingly popular in Europe and the UK, for example - a combination of high fuel tax and urban planning that favors higher density cities. Over here, a hundred kilometers is a long journey. In the US, it probably wouldn't even take you out of your home state. We don't really do the long road-trip journeys that are common in the US (we have decent passenger rail), and less use of sprawling suburbs, so electric cars are much more viable. There's some interest in electric trucks, but not for long-haul. Just local distribution, from depo to restocking small businesses.

[@Keylevitation]

There's already a Chinese car company doing very well with battery swapping stations

[@skierpage]

Despite your lack of vision EV car sales grew 50% in the USA and 55% globally last year, and the growth will continue for the foreseeable future. EV trucking will follow. Good EVs add 200 miles of range in 20 minutes. No swappable batteries required.

[@benwise969]

worth the put or are premiums too high?

[@braddeicide]

That's bizarre to have a risky start-up reinventing something that's already mainstream...

[@jewymchoser]

Milton will leave prison rich. He got away with it.

[@rodrigomohr1277]

The problem is that it is not competitive to manufacture in the US.

[@pistolen87]

Just the name Nikola feels like a knock off Tesla. How did they think it would be a good name for a company?

[@EleanorPeterson]

Um... because Nikola comes before Tesla?🤔

[@Hossak]

At least they showed us the quality of the us stock market. Be warned.

[@jonr6680]

Start with the name... A lazy table napkin idea that should never have been pursued after sobering up.

[@Zminator1986]

I'm surprised people are still doing business with a company that turned out to be a scam.

[@tamsamsom]

Another prime example of the opportunity of the stock market. Neither efficient nor rational in the short term, means opportunity in the long term to the smart and patient investor.

[@VeryProPlayerYesSir1122]

and???

[@sam_s_]

​@VeryProPlayerYesSir1122 This comment is the start of a chain of bot comments that will all tell you to use some scam investment guru. Not sure what happened to the rest of the comments.

[@tamsamsom]

@@VeryProPlayerYesSir1122 and what? I'm saying that the fact Nikola still exists proves the market is irrational and that there are equally undervalued companies out there = opportunity

[@dingdingdingdiiiiing]

A week ago Norges bank bought 100M worth of stocks... Why would they invest in a sinking ship? Or do they know something we don't?

[@aqgh1]

Sometimes firms buy up dead companies because their property, plant, and equipment is usable or sellable. If there are a select few that hold most of the shares, when entering bankruptcy court these players can end up with everything and leave everyone else stuffed. It's how the stock market is played. Just depends on how they go down.

[@dingdingdingdiiiiing]

@@aqgh1 bruh... never thought of that, thank you!

[@jasonveto2320]

Cant believe heavy d sparks is still schilling for those guys. Im almost positive he said it wasnt a fraud at one point. Hes got a history of promoting scams. When established titles got exposed instead of giving them the ad money back he flew to scotland to stand on his supposed plot of land with the ceo of the company.

[@25439]

Heavy d is a goof who doesn’t know what he’s doing, watch his rescues. What an idiot

[@Bodiddly55]

The Mormons like to keep the money in the family. They are all Mormons

[@User-ALphC1]

Yh some this lot are still going.. it’s really impressive how they have rode out all these disasters and controversies.the answer is It’s their backers.. black rock and vanguard are bigger than whales.. I bought in very early, it still surprises me how they are still slugging it out..I think they might just pull through..strangely

[@damianblohm8570]

Top brand, top guy, stop hating

[@TiberianFiend]

Who's still holding on to Nikola stock? Lunatics from WSB?

[@jesussalinas9057]

they should just lease them out and at least in the long run they make money.. and buyer has no risk if the truck goes bad which will make more likely to take a risk

[@joeblogs5314]

Every EV manufacturer has had its fair share of fires not just Nikola lets not over look this.

[@wandery2k]

So has every ICE manufacturer. Chevy, Ford, Hyundai, etc have all had recalls in the hundreds of thousands for spontaneous fires. But the absolute blatant fraud at the core of it’s creation was my stop sign.

[@MoonBull13]

The balls for suspecting "foul play" ... 😂😂

[@theminer49erz]

Tesla did try to release trucks, they just couldnt. They even have a few out there that are not great from what I have gathered. They may be back at the drawing board but since musk said they were alredy designed, was providing milagie estimates (WAY OFF) and touting their self driving that "[they] can do [then]!". Saying it will beat rail too in its current state in 2017. If they are still taking their time why did they say they would be available in 2019, release a very few that fell very short of what eas advertised, and of course, cost a lot more? Even if somehow they manage to pull it off in 10 years or so after many others, thaat shouldn't be seen as a win or even acceptble. That BS take money away from more capable more innovative groups that may not have the willl to overhuype and set unrealistic expectations to have money thrown at them so they can try to do what they said they could already do. Unfortunately not everything we need will not make some people filthy rich...er, so we cant count on the market to do it. Its a shame that its come.down to trying to be the biggest paying most attractive slot machine in the "casino" in order to get any funding. Its not even like they are being cautious. They cant help but thow down on the big jackpots the odds or understanding of the "machine" be damned. Its disheartening. $ end /commrant\;

[@danparish1344]

750k for a hydrogen truck? 🤮

[@downix]

Nikola tried to out Tesla Tesla. A smarter option for them after the scandal would have been to buy an existing platform from an overseas supplier of electric semis, like BYD, rebadge them, and modify them for the domestic market. Get the core business basics down first.

[@mariofornarelli1067]

Elon hyped his stock by saying the Tesla semi would come out soon then he keep saying it's getting delayed. Also, the Tesla semi quality concern is really concerning because Tesla semis keep getting towed showing they unreliable compared to Nikola semi trucks

[@dosmastrify]

8:24 why hasn't anybody nicknamed these Hindenburg trucks? I demand an answer

[@exploshaun]

When the guy who built the ship did it to scam people, I don't know why the new owners would try to fix the completely broken ship instead of just building a new one.

[@Bodiddly55]

They did, the partnership with Iveco to supply trucks was the new beginning, Nikola never had their own production of anything other than lies from Milton.

[@jonesy66691]

So he will be out of prison just in time for GTA VI... lucky bastard.

[@sl5714]

Wish I had seen this video last year when I bought the stock.

[@vonniofdoom5590]

Would’ve succeeded with hybrid trucks

[@rave400v6]

The more time people wait at the charging station, the more money they lose.

[@hadjaissahemza]

Another thing: wework market cap is $9 mil as I'm writing this comment

[@Kabodanki]

time to invest WSB

[@bossusa365]

Nikola is here to stay and will have its best year in 2024 per CEO Girsky .. Haters gonna Hate .

[@mikafiltenborg7572]

😂😂😂Bankrupt Q2 2024 NKLA a penny stock... Delisted soon

[@ashishpatel350]

To be fair Nikola has done less fraud than Elon has at Tesla

[@MakerInMotion]

Well at least a Tesla can move on its own without being rolled down a hill.

[@samsonsoturian6013]

Bagholder detected

[@ashishpatel350]

@@samsonsoturian6013 lol I don't own either .

[@ashishpatel350]

@@MakerInMotion 😂 most of elons demos are just put on pre existing cars with small barriers barely able to make it a few miles

[@samsonsoturian6013]

​@@ashishpatel350even if that were true, you're still an obvious greedo

[@TehPwnerer]

You should at least put the ticker in the description

[@roegoleg]

As long as you can pump the stock …

[@fglatzel]

This Nikola truck makes the most sense, because you have a 12m roof on your trailer to fit an existing hydrogen generator. Fitting a 10 ton battery in an EV truck like Tesla does, is a really dumb idea. Obviously, nay-saying Tesla fan-boys will disagree.

[@thedave1771]

FFIE is somehow still around too. I’m a shareholder of both, entirely for giggles. My self-managed portfolio outperforms all of the managed funds I own as well, so don’t judge me, I can buy a couple jokes too. 😂

[@KingUnKaged]

Hydrogen anything can really only succeed in a world where green energy, or more likely nuclear energy produces radical electricity surpluses to offset all the inefficiencies.

[@skierpage]

In that world charging an EV becomes even cheaper.

[@AugustusOmega]

lol being put in prison for marketing, like Ford and GM dont do photo shoots. No this is something else, I believe Milton had an aggressive new trucking model, he was going to give away the trucks at cost and pay for all fuel and maintenance and the trucking company just pays a dollar a mile. I believe the industry players may be behind this companys downfall, nothing to do with presenting a proto finished product.

[@Adaptive3D]

Why there is no book about this story like Theranos, Uber or FTX?

[@Tie509]

How does a *proven* fraud still exist? Why???

[@mikafiltenborg7572]

Scam compagny Nikola Motor bankrupt Q2 2024

[@regolith1350]

Spoken in a British accent: “We’re not dead yet”

[@philippebarillecavalier9275]

What? They actually sold a product? At least they won't go away as pure vaporware.

[@jonchowe]

Still less controversial than the founding years of VW...

[@joeblogs5314]

Probably THE BEST TRUCK IN THE WORLD. !!

[@derek04151]

Cash burner....the scam that keeps on going.

[@ziyanyang9777]

I read the title wrong, i thought it was Nokia 😅

[@danielstapler4315]

15/8/2024 NKLA's market cap is $390M

[@LIONTAMER3D]

Spontaneously combustible trucks? lol

[@ferrariscuderia4290]

I still don't see how EVs will ever be the future, let alone electric trucks. Besides them being an investing scam and a green left-wing ideology, they are economically unviable once subsidies die out, or as in the case in Chicago, once temperatures drop dramatically so too does the range of EVs as well as charging stations failing completely.

[@skierpage]

You live in some weird bubble where millions of EVs aren't sold every year and sales didn't jump 50% in the USA and globally last year. Tesla chargers mostly stayed up and Tesla quickly repaired the ones that broke. New owners didn't realize that in freezing weather you need to pre-heat the battery so it can charge at a reasonably quick rate.

[@steak5599]

First thing that need to happen is Battery Production price needs to come down, and battery capacity needs to go up. Lithium Ion battery production cost already went down 10x compare to a decade ago. By the time Solid State Battery production cost also goes down to an acceptable level, EV could have more potential. Cheap Oil can't last forever.

[@sqbronco1]

agreed 100%. spot on

[@dannylo5875]

Its not a bad bunch...its an idea that was never executed correctly at all.

[@trazyntheinfinite9895]

Cyber truck. Hummer truck. Rivian Truck annnnd... combusto truck.

[@anthonydouglasmunk]

I think 4 years is too little. He should be locked up for 20 years.

[@mikafiltenborg7572]

120 years😎

[@theianmce]

We work was like this

[@Skaahn]

why no investments in capturing/filtering carbon from fossil fuels ? Every one is investing in alt energy

[@skierpage]

Who are you talking about? Captured carbon is almost worthless except to %$#@! fossil fuel companies capturing a small amount of a refinery's CO2 emissions and pumping it into wells to increase output of oil and gas... that will be burnt to produce more CO2. Direct Air Capture (sucking the CO2 out of the atmosphere) is insanely expensive and there are plenty of articles about the carbon capture and storage scam generally. We need to end fossil fuels, not greenwash them.

[@christophercarrigg3775]

I owned nikola stock for about two weeks and made some good money

[@mariofornarelli1067]

$NKLA 🚛🌊⚡🔋

[@mikafiltenborg7572]

NKLA a penny stock. Delisted soon...

[@mariofornarelli1067]

@@mikafiltenborg7572 you can't saying that they would be bankrupt every year. I won't be convinced by you bc your assumptions didn't come true

[@Keylevitation]

Somehow, palpatine returned