It's dead!
Well, not yet. But after the allegations of the
Hindenburg report, the
investigations by the SEC and DOJ rolling in and
CEO Trevor Milton sudden resignation the writing is on the wall.
The Nikola One never was alive. Though it was filmed while driving through a desert-like area, Hindenburg Research revealed it had actually just been rolling down a slope after getting towed there. And that was just one of over 50 acts of deceit.
With so much gone wrong it gets really hard to believe the company is worth its market cap, or anything at all for that matter.
But now Stephen Girsky, a former GM vice president, takes over control.
To GM Nikola can be useful, if only because it can sell GM-built EV trucks with a Nikola badge and be eligible for the $7,500 tax rebate that GM already used up themselves with the Volt and Bolt.
So Nikola is here to stay.
That is, Nikola
badges to be affixed to GM-built trucks will stay.
And that truck is named the Badger. Go figure...
The Badger in better days as Nikola vehemently tests this stunning computer rendering in harsh conditions.
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2011 Honda Insight + HID, LEDs, tiny PV panel, extra brake pad return springs, neutral wheel alignment, 44/42 PSI (air), PHEV light (inop), tightened wheel nut.
lifetime FE over 0.2 Gigameter or 0.13 Megamile.
For confirmation go to people just like you.
For education go to people unlike yourself.