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re: NKLA down 11% today to $51/share
Posted on 9/14/20 at 11:13 pm to buckeye_vol
Posted on 9/14/20 at 11:13 pm to buckeye_vol
The only really smart thing the Nikola people may have done was in choosing the company name. That alone (in the middle of a low information EV hype bubble) was a phenomenal decision that made them very rich.
Otherwise this company appears to have been run by chimps. And run up in value for no defensible reason.
Otherwise this company appears to have been run by chimps. And run up in value for no defensible reason.
Posted on 9/14/20 at 11:35 pm to molsusports
quote:I just saw a video from a few months ago of a bunch of edit clips from Milton’s presentation at one of those showcase events. I think most of it was meant to poke fun of his gaffes, but I can chalk those up to nerves. And beside I just saw the Microsoft Windows 1995 presentation/celebration video going around, and it’s clear that Gates, Ballmer, etc. didn’t build a revolutionary company because they were charismatic speakers and salesman (at least 25 years ago).
Otherwise this company appears to have been run by chimps.
But the thing that stood out to me, when highlight his hydrogen technologies, was that he called hydrogen “the most abundant element in the atmosphere.” It doesn’t take a atmospheric science or chemistry major to know that this is not even close to true (it is the most abundant element in the universe though, but that’s a major distinction unless he’s tapping into the universe’s potential), and that’s not a gaffe that someone selling hydrogen technology should make.
This post was edited on 9/15/20 at 12:21 am
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