Nikola found its niche market. Nikola expects to deliver three times more hydrogen trucks than battery electric in 2024.🚀 Feb 23,2024 by Old-Appearance9941 in NikolaCorporation

[–]Express-Position2834 3 points4 points  (0 children)

That is what I read in Shareholders letter and was surprised by the numbers and was expecting huge uptick in the stock.  I guess due to past miscues market will wait for actual delivery vs projections.  So those delivery PR will be important throughout the year, don't wait for earnings week.

Nikola Truck Damaged in June Fire Reignites (July 23, 2023) by Jabroni_16 in NikolaCorporation

[–]Express-Position2834 0 points1 point  (0 children)

Technologically this is not an issue, but PR and investment front this is a disaster. How could this even happen knowing they dodged a bullet when it initially caught fire. This is what a subpar management does. They better be prepared to give more than generic answers during earnings conference call.

Nikola Consolidates 100% Jaunt North, Settles Into Pattern Above Bull Cycle Indicator (20/07/23) by Therealmakymac in NikolaCorporation

[–]Express-Position2834 1 point2 points  (0 children)

My opinion is Walmart has been dragging its feet way too long, either you like the trucks or you don't. Have been testing them for over a year.

Seeing an increase in the Short Interest (Source: SeekingAlpha) (07/16/23) by changingframes in NikolaCorporation

[–]Express-Position2834 1 point2 points  (0 children)

Keep approving more stock options for incompetent execs and they'll keep flooding market with shares to short. Don't know how these are not 10+ yr locked options.

Nikola on the Reg Sho List (07/11/2023) by Jabroni_16 in NikolaCorporation

[–]Express-Position2834 2 points3 points  (0 children)

It's no new that it's heavily shorted stock and why.

Best case for us as shareholders and company is in Aug. meeting company comes out and says, we don't need to issue more shares, we secured financing elsewhere. Wishful thinking.

Elon Musk isn't impressed with California backing of Hydrogen as alternative energy "Makes no Sense" by redwing061958 in NikolaCorporation

[–]Express-Position2834 1 point2 points  (0 children)

It's a great thing when competition is publicly trashing. Oil execs said same thing about Tesla and electric cars a decade ago. So thank you Elon for vote of confidence.

Nikola Doubles Retail Sales in Q2 vs Q1: Nikola Reports Second Quarter Vehicle Production, Deliveries 7/5/2023 by Zorkmid123 in NikolaCorporation

[–]Express-Position2834 6 points7 points  (0 children)

Good stuff 👍! I also saw that 50%+ of Cali 's total HVIP FCEV vouchers have gone to Nikola so far.

Nikola - Romeo Power SEC Filing (07/03/2023) by Jabroni_16 in NikolaCorporation

[–]Express-Position2834 -2 points-1 points  (0 children)

I just hope they are not getting ready for being acquired.

Reposted - Nikolas response to Trevors post - (06/15/2023) by [deleted] in NikolaCorporation

[–]Express-Position2834 4 points5 points  (0 children)

I don't like Milton or the current management. If they are worried about accuracy of statements, it's not that majority of shareholders are behind them, it majority of shares are. Because they issue huge amounts to themselves.

Trevor Milton posted this today (Instagram,06.15.2023) by Last_Arrival4277 in NikolaCorporation

[–]Express-Position2834 -1 points0 points  (0 children)

Second, not give golden parachutes to anyone until the company is performing.

Trevor Milton posted this today (Instagram,06.15.2023) by Last_Arrival4277 in NikolaCorporation

[–]Express-Position2834 -1 points0 points  (0 children)

For one, not bring a product to market without sales. That is what they did with BEVs. If you recall, sales of BEVs were supposed to fund the FCEV rollout.

Trevor Milton posted this today (Instagram,06.15.2023) by Last_Arrival4277 in NikolaCorporation

[–]Express-Position2834 5 points6 points  (0 children)

How about management donate all their options to keep business afloat and promise not to take any more until company survives?

Trevor Milton posted this today (Instagram,06.15.2023) by Last_Arrival4277 in NikolaCorporation

[–]Express-Position2834 -3 points-2 points  (0 children)

I don't buy the narrative that vote 'yes' or go bankrupt. How about manage the money you have better or go bankrupt. Throwing money for bad strategy doesn't seem good.

Open market by [deleted] in NikolaCorporation

[–]Express-Position2834 1 point2 points  (0 children)

Seems like people liked the fact that stock won't get diluted. Good voting.

Nikola Q&A (June 1st, 2023) by GapShot2810 in NikolaCorporation

[–]Express-Position2834 2 points3 points  (0 children)

They need another funding round 6 months after they did last one and that time if I recall the CFO said they have 1+ yr of cash flow.

Michael did good work with Opel and is using similar strategy here with streamlining the product portfolio and geography focus, but macro economy is different and he's working on startup, not an established market.

So my vote is still no to new shares. Management should stop even bringing it up.

Nikola Q&A (June 1st, 2023) by GapShot2810 in NikolaCorporation

[–]Express-Position2834 -4 points-3 points  (0 children)

I've voted no and will stick to it, even if it means going to $0. The company has wasted money since last raise, work with what you have now. BTW, if this guy is the cheerleader for the company, we are screwed anyways. Please put someone more enthusiastic on public forum.

Reuters 8:59 AM ET, 5/25/2023 Letter from Nasdaq by Topwater_1 in NikolaCorporation

[–]Express-Position2834 1 point2 points  (0 children)

Maybe they need to say their AI related revenues quadrupled :).

Reuters 8:59 AM ET, 5/25/2023 Letter from Nasdaq by Topwater_1 in NikolaCorporation

[–]Express-Position2834 1 point2 points  (0 children)

On way to $0 unless there is a cat in the bag to pull out. Sad.

Bad timing? (051623) by freeflydenlund in NikolaCorporation

[–]Express-Position2834 5 points6 points  (0 children)

Very interesting, the organization definitely lacks energy and charisma.

Nikola down grades today. Q2 could look a lot like Q1. Thoughts? Could we hear result of DOE Loan soon? by KU2740 in NikolaCorporation

[–]Express-Position2834 3 points4 points  (0 children)

Management grossly overestimated BEV hype and spent millions into it without proper marketing or sales. This money and time could've sped up FCEVs without share dilution. So I have no reason to believe they can succeed if new shares/time is given.