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Shocked face pikachu
This is a great point. Every small efficiency makes a big difference once you are producing at their scale.
Looks like somebody out there is going to keep trying to buy it. Held above $30 for the close because... reasons?
I am interested in speaking to the GM guy that signed off on this deal. What is it he knows, or is this simply a hail mary for GM to remain relevant?
Right. NKLA could be fake in everyway. But once you have a few billion to throw around, you can make the things you need to be less of a scam....
When this market cycle ends, and they always do, I think NKLA will be one of those "WTF were they thinking?" stocks.
We all are! Nobody expected this... Which makes the GM investment even more weird.
new 52wk highs
wut? lol
https://www.marketwatch.com/story/short-seller-hindenburg-alleges-that-electric-truck-maker-nikola-is-an-intricate-fraud-in-new-report-2020-09-10...
Can they fuck up that badly? Surely the board met up and researched some shit beyond the glossy pamphlet NKLA hands out? At least you want to...
Oh DAYUM! Almost to Aug lows! That was one serious pump there with the GM news. Somebody took a massive opportunity to lighten their load!
Whats a trillion here and there?
Welcome to the forums!
Breaking out of a two month range here
Looks like bagholders used that rally to unload, NKLA giving it all back
Bull argument: by ayejaybuck I disagree. We are in a bull market and have been since 2010 not February, this bull market is being driven by the...
I saw these two posts on reddit, one bearish and one bullish for the current markets: By u/ItsAllJustASickGame Don't be fooled. This IS The...
Dropping on earnings, but the stock has had a stellar year to this point.
Yep, that is exactly what happened here. Fake it till you make it. Have the designs ready to go, find a buyer and make your pictures into reality.