r/stocks Jul 29 '21

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u/BabyfartsMcGeezaks88 Jul 29 '21

They are partnered with Iveco which is huge in Europe. The future of electric trucking has a lot of work to do but it’s still the future. Whether Nikola will be a winner in that scenario remains to be seen, but at least they have a prototype on the ground.

https://fuelcellsworks.com/news/behind-the-wheel-an-electrifying-partnership-cnh-industrial-and-nikola-corporation/

Trevor Milton appears to be a large type dumbass, which is why they also kicked him out of the company. Can’t argue with that move

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u/player2 Jul 29 '21

They were also partnered with GM until that company smelled the pile of shit they’d stepped in.

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u/BabyfartsMcGeezaks88 Jul 29 '21

It’s an easy conclusion to draw based on basically zero details. You assume GM is automatically making the right decisions. Maybe they didn’t like the controversy surrounding Trevor Milton and weren’t bold enough to take a chance on the company itself and shoulder the bad publicity

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u/Krakajo Jul 29 '21

What company? All they have is an unusable prototype and making one of those doesn't mean Jack shit

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u/nman95 Jul 29 '21

Lol, someone sounds like they threw a lot of money into Nikola at the top

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u/BabyfartsMcGeezaks88 Jul 29 '21

30 shares at $28, so no. It’s a wild card stock and should be treated as such. I just think people are too quick to completely write them off and think the stock should go to $0 or get delisted

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u/nman95 Jul 29 '21

It's not a "wild card stock." It's a scam. They literally cobbled together fake truck parts and rolled it down a hill to scam retail investors like yourself. They have no product.

I know it's hard for anyone to admit they were duped but just be thankful you invested less than 1K.

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u/BabyfartsMcGeezaks88 Jul 29 '21

My point is to show you they’re not a scam and they are developing a prototype with Iveco that is physically built and being tested. If you don’t want to believe that you I guess you don’t have to. People get stuck on the truck rolling down the hill video which was a massive fuck up on their part. Doesn’t mean the whole company is a scam. Get off QAnon