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NKLA - Nikola Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Jun 10, 2020.

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  1. TomB16

    TomB16 Well-Known Member

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    I believe there are levels of incompetence at which it is deceptive to even call yourself an analyst. JP Morgan has achieved this level.

    If JP Morgan is competent and is recommending Nikola as a buy, somebody ought to go to jail. I'm not saying they will. I'm just saying, if there was any justice, they would.
     
  2. TomB16

    TomB16 Well-Known Member

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    "Tesla has more vehicles in outer space than Nikola has sold." - Dunkin Dons
     
    T0rm3nted likes this.
  3. A55

    A55 Well-Known Member

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    At least OJ' s Bronco actually started and ran.

    They could be looking at the future of Nikola now that Milton is out of the picture. The company is now operated by former GM executives, partnered with GM, and will build using GM parts. GM gets a 2nd bite at the apple after the Volt didn't work out. It could be all uphill from here.

    Or go on TV with "buy Bear Stearns".
     
    #103 A55, Sep 21, 2020
    Last edited: Sep 21, 2020
    Vdubman likes this.
  4. A55

    A55 Well-Known Member

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  5. StockJock-e

    StockJock-e Brew Master
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    So GM essentially bought themselves brand. Slap the logo on some car and be done with it?
     
  6. A55

    A55 Well-Known Member

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    It looks like anything Nikola will be GM Volt 2.0.
     
  7. Vdubman

    Vdubman Well-Known Member

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    So a total failure 2.0 due to the worst marketing brand in the world?
     
  8. A55

    A55 Well-Known Member

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    Eventually, Nikola will be a GM brand. Two things will happen. Either GM will try to sell the brand, like GM tried to do with Hummer. Or the brand is retired, like Pontiac.
     
  9. TomB16

    TomB16 Well-Known Member

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    Oh yeah... the old "all EVs are the same, it's just four wheels, a battery, and a motor" argument. I forgot that some people still think it's an adequate position.


    I consider the Volt to be a pretty interesting car. Many people declared the series hybrid to be the way of the future. Of course, those folks turned out to not be as smart as they claimed to be.

    The issue with the series hybrid is it has too much of either battery or engine. Having an ICE engine is a lot of weight to lug around for something that is rarely used. As an ICE car, it has a heavy battery/inverter/motor to lug around.

    GM did a good job on the Volt design. It just wasn't a good idea.

    The Bolt is a much better EV and a better car for many purposes. Of course, it's the same price as the base Model 3, it's not in the same league, and it is pretty much limited to city driving. The bolt can be fast charged to about 3/4 charge in an hour. The Model 3 can hit 80% in under 20 minutes. Base Model 3s shipping now (with octovalve heat pump) will be able to charge to 80% in about 12 minutes at any one of about 20K superchargers around the globe (the vast majority in the US).

    Even if there was a fast DC charging network everywhere you want to go with the Bolt, how would you like to go on a trip and have to stop for an hour after 3 hours of driving? From there, you would have to stop for an hour about every two hours of driving. Be my guest.

    With a Tesla Model 3 LR, you can drive pretty much wherever you want in the US and even into Canada or Mexico, having to stop for 20 minutes every 4 hours of driving. That sounds a lot more reasonable to me. In fact, that service duty would fit within the driving cadence of my wife and I without the least inconvenience, with it being more convenient in town since I would never have to take the time to stop for fuel.


    Toyota didn't rise to dominance with the sale's pitch, "It's almost as good as other cars at it's price point, although it can't go very far from home but you don't need to do that."
     
    #109 TomB16, Sep 22, 2020
    Last edited: Sep 22, 2020
  10. TomB16

    TomB16 Well-Known Member

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    Back to reality...

    Trevor Milton claimed to have 14000 reservations for the fuel cell version of the Nikola One. Given that Trevor Milton said it, the actual number could be between 0 and 500.

    Of the reservations they do have, I wonder how many of those will now knock on Tesla's door for a truck? Many of them, I suspect.

    Some will undoubtedly go to Freightliner. For city circuits, the Freightliner might be a good option.
     
    #110 TomB16, Sep 22, 2020
    Last edited: Sep 22, 2020
  11. StockJock-e

    StockJock-e Brew Master
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    Come on longs, if you are confident, get in there...
     
  12. A55

    A55 Well-Known Member

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  13. StockJock-e

    StockJock-e Brew Master
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    Oops

    upload_2020-9-23_9-58-54.png
     
    TomB16 likes this.
  14. leonx81

    leonx81 Well-Known Member

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    TomB16 likes this.
  15. 姑爺仔

    姑爺仔 Active Member

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  16. TomB16

    TomB16 Well-Known Member

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    British Petroleum backs away from Nikola partnership to build hydrogen refuelling stations.
     
  17. StockJock-e

    StockJock-e Brew Master
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    Ah better.

    Now down to single digits next.
     
  18. StockJock-e

    StockJock-e Brew Master
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    This is interesting.

    Former GM VP at the helm, after a $2B investment from GM.. was this part of the deal behind closed doors?

    Still not sure GM is getting anything from this except a "hip" brand that they feel was worth $2B.
     
    TomB16 likes this.
  19. TomB16

    TomB16 Well-Known Member

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    If gm backs out, nikola becomes an instant crater. Nikola surely knows this and will cater to gm in any way possible.

    I suspect gm will back out, they just haven't made that decision, yet.

    The Nikola brand has no franchise value, as far as I can tell. At some point, it is in danger of having negative franchise value. GM would be better off putting their own logo on the new truck they are designing.

    This narrative of GM benefiting from the eco credits is balogna. If they build an electric truck branded GMC, they get 100% of the eco credits. If they brand it Nikola, they get 80% and have to purchase the other 20%.
     
  20. A55

    A55 Well-Known Member

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    Apparently, it's worth $15
    Screenshot_2020-09-24-17-20-03_kindlephoto-74038759.png
     

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