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Old 22-11-2020, 12:30 AM   #1
Franco Cozzo
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Default Nikola's Hydrogen Truck

Turns out they're full of **** and have been bull****ting everyone, their truck doesn't work, has never worked and the company is an absolute dumpster fire - of course GM is in bed with them

These fake news vapourware enviro-flogs are coming out of the woodwork and auto manufacturers keep getting into bed with these random 'startups'.

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Old 23-11-2020, 09:45 AM   #2
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Default Re: Nikola's Hydrogen Truck

looks so ugly i wouldnt have bought it to start with
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Old 23-11-2020, 10:26 AM   #3
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Default Re: Nikola's Hydrogen Truck

what a train wreck, GM involved too
There should be a movie on this guy, he sounds worse than the wolf of wall street.
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Old 23-11-2020, 11:50 AM   #4
Franco Cozzo
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Default Re: Nikola's Hydrogen Truck

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Originally Posted by Bevsta007 View Post
what a train wreck, GM involved too
There should be a movie on this guy, he sounds worse than the wolf of wall street.
How good is the name

Let's start a car company called 'Henry'

The vehicle in motion footage - tow it up a hill and let it roll downward.
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Old 23-11-2020, 12:52 PM   #5
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Default Re: Nikola's Hydrogen Truck

At the end of the day, he wasn't wrong, the truck DID produce zero emissions did it not? lol
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Old 23-11-2020, 02:16 PM   #6
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Default Re: Nikola's Hydrogen Truck

Quote:
Originally Posted by Franco Cozzo
How good is the name

Let's start a car company called 'Henry'

The vehicle in motion footage - tow it up a hill and let it roll downward.
About as good as calling a company Edsel.
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Old 23-11-2020, 05:50 PM   #7
marty351
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Default Re: Nikola's Hydrogen Truck

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About as good as calling a company Edsel.
It's better than Holden.
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Old 23-11-2020, 05:56 PM   #8
Franco Cozzo
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Default Re: Nikola's Hydrogen Truck

Holden Meikoch
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Old 23-11-2020, 09:23 PM   #9
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Default Re: Nikola's Hydrogen Truck

There's a lot of startups with nothing but cash burn but the market loves them, as currency is falling from the sky via the central bank's QE policies

Gotta park it somewhere

Hey there's a truck, it might even move!
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Old 30-07-2021, 04:43 PM   #10
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Default Re: Nikola's Hydrogen Truck

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Originally Posted by Bossxr8 View Post
About as good as calling a company Edsel.
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Old 02-12-2020, 09:28 PM   #11
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Default Re: Nikola's Hydrogen Truck

https://www.drive.com.au/news/hydrog...trackLink=SMH3
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Old 02-12-2020, 10:34 PM   #12
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Default Re: Nikola's Hydrogen Truck

How is an 11% stake of a company that hasnt produced ANYTHING, worth $2.7bn???
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Old 30-07-2021, 03:23 PM   #13
Franco Cozzo
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Default Re: Nikola's Hydrogen Truck

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How is an 11% stake of a company that hasnt produced ANYTHING, worth $2.7bn???
Because accountants
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Old 30-07-2021, 03:22 PM   #14
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Default Re: Nikola's Hydrogen Truck

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Nikola electric-truck prototypes were powered by hidden wall sockets, towed into position and rolled down hills,
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Old 31-07-2021, 12:22 PM   #15
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Default Re: Nikola's Hydrogen Truck

Mainstream Hydrogen powered vehicles are a furphy, until there is a HUGE technological advance, there is nothing that’ll happen to make that happen in the medium term.

It takes more power to extract Hydrogen, and make it useful in “powering” a powertrain, than that Hydrogen can actually produce.
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Old 31-07-2021, 03:37 PM   #16
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Default Re: Nikola's Hydrogen Truck

This is GM investing in nonsense without proper due diligence of Nicola and it’s personnel
and that’s before they ever address the big issues with hydrogen fuel…….
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Old 31-07-2021, 03:51 PM   #17
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Default Re: Nikola's Hydrogen Truck

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Originally Posted by jpd80 View Post
This is GM investing in nonsense without proper due diligence of Nicola and it’s personnel
and that’s before they ever address the big issues with hydrogen fuel…….
They also invested in Lordstown motors didn't they? Which is pretty much going down the tubes.

GM
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Old 31-07-2021, 04:00 PM   #18
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Default Re: Nikola's Hydrogen Truck

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Originally Posted by Bossxr8 View Post
They also invested in Lordstown motors didn't they? Which is pretty much going down the tubes.

GM
Yeah but it’s a small piece like 5%, 7.5 million shares, probably in exchange for Lordstown plant?

They can’t keep focused on their own projects, were going to buy into Rivian just to stop Ford.
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