FEEDING THE $NKLA GRAVY TRAIN
(Opinion)

Almost forgotten, but 2 months from now $2.5B of employee-owned #Nikola stock will unlock.

2.5 BILLION USD!

136m shares include 40m owned by a company co-owned by Trevor and Mark Russell.

They gotta keep the stock high. Here's how.
1/
2/
Problems:
A. Alleged deceptions, including lies they cannot defend.
B. Losing money and no revenues.
C. No tech lead (or no tech at all?)

They tackle all points. Points 2 and 3 same way as before.
3/
A. Deception -
Some points they cannot defend anymore. Doing so would just keep company's name in the mud

So they admit what they 100% can't refute, but put it on prev mgmt.

"Don't blame us, it was them. We're honest. A real real truck company, look at the progress we made"
4/
Everything not fully proven they still defend.
5/
B. Losing money
To show seriousness of "honest" mgmnt and co. viability, they ditch BS Powersports division

This helped them beat street estimates

Market bit and shares climbed after hours. I can only imagine rise once they close BS truck division😁

reportdoor.com/nikola-stops-w…
6/
Powersports were "makers" of NZT +Reckless ATVs, WAV jetski

If you like vaporware and hoped to get a WAV or ATV, you're outta' luck

B4 they take page off, give renderings a final look. They ARE cool, but design is more than renderings and BS specs!
nikolamotor.com/powersports
7/
A small sideroad -
Taxpayer money well spent...

Reckless is aptly named here

nikolamotor.com/press_releases…
8/
Back on track

C. Technology and manufacturing
Just like b4, they hype the stock by huge future plans that nobody can disprove. First they continue plans for 900 mile range Hydrogen semi

bloomberg.com/news/articles/…
9/
They also show videos of Tre BEV in motion. Market bites again and share rises.

That's why I didn't short $NKLA - never bet against stupid!

benzinga.com/news/21/02/197…
10/
The hype goes on. Lots of fanfare, no proprietary tech shown. Only progress is Iveco-made trucks that I doubt will be viably produced and profitably sold

Next think they'll photoshop N badge on a Tesla Semi pic, and announce they've approached Tesla to collab with them...
11/
You can't fool many people all of the time, so long-term this should fail.

But screw long-term. All they need are 2more months!

What do you think?
Will they maintain high mkt cap till they can sell out?
Will they fail?
Or maybe they're real, and will make real-real trucks?
Erratum
Article about Tre in motion was a dud. Here's the real thing they're pumping on the Tre
insideevs.com/news/489810/ni…
Erratum
Posted wrong link. Here's the real one
insideevs.com/news/489810/ni…

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More from @ConnectingODots

28 Feb
HUAWEI EV PLANS
⚠️IMPORTANT⚠️
Yesterday MSM started spreading a Reuters piece saying Huawei will possibly start making EVs as soon as next year.

Surprised at sudden interest, as this was put in the open since 9/2020 (see following tweet)
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bit.ly/3uEXfrt
2/
In 2019 Huawei chairman Xu Zhijun said "If you look at the stock price of Tesla, you will know where the future of automobiles lies,"

asia.nikkei.com/Spotlight/Caix…
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Huawei wants a piece of the action.
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25 Feb
SCHOOL BUSES >>TURNED VIRTUAL POWERPLANT<<

Maryland’s Montgomery County voted to replace over 1400 school buses with EV versions.

Hidden in plain sight is news that the buses will become a DISTRIBUTED UTILITY, similar to what #Tesla plans

1/

finance.yahoo.com/news/biggest-e…
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Buses built by Thomas Built Buses Inc., a division of Daimler, w. battery tech by Proterra

Interestingly, a 3rd party vendor is PAYING to install smart chargers to charge buses at night, in exchange for rights to RE-SELL V2G POWER in peak hours

But they're not alone!
cont..
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School buses are excellent candidates for distributed-utility V2G. 500,000 school buses in USA sit mostly unused during peak hours

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2 Feb
$NVX NEWS - HUGE if true.

Found this online, couldn't confirm it elsewhere but supposedly from behind paywall of AllNovaScotia.com

#Novonix expanding in Bedford to make low-cost battery

Spending $1.5m to add 8,800sqft for cathode pilot processing facility
1/ ..
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@NovonixBattery allegedly came up with new, low-cost process to synthesize battery material, with help of Mark Obrovac’s lab at Dal.

Process helps solve one of the greatest challenges – cost – as the current method to process cathodes is expensive and creates waste.
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Likely to have effect on mainstream EV adoption. CEO Chris Burns: “Why don’t we see more EV on the road? Not bc range isn’t far enough. All “inconveniences” people have always been concerned about almost don’t exist anymore. The challenge is cost”, he told allNovaScotia.
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31 Jan
UAW preparations towards the EV disruption

Interesting interview. They realize LOTS of jobs will be lost, and are taking steps.

A few gems here
1/
2/
Previously UAW tried to stall EV penetration (see GM labor deal), now they realize battle is lost and are dealing with it.

Last year they made a plan... some steps are logical, some delusional.

FD: I am not against organized work. It can be important when done right.
3/
The baseline for their plan is that 30% of jobs will be lost.

What's interesting is number is taken from OEM's assessments - so AMERICAN OEMs STILL DON'T GET IT!
Read 21 tweets
24 Jan
EXTREMELY IMPORTANT INTERVIEW FOR INVESTORS
Especially new ones!

I disagree with most of it, but ULTRA-IMPORTANT!

Here's why
1/

@stevenmarkryan
@jpr007 @stekkerauto @garyblack00 @TeslaBest @iamtomnash @TeslaPodcast @EvaFoxU @WR4NYGov
$TSLA #Investing
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If you disagree don't stop reading. Important!
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THE REAL CASE AGAINST X.COM

@elonmusk PLEASE DON'T
@larryellison
PLEASE DON'T
IMPORTANT MORE THAN MONEY!

@heydave7 suggested a GREAT idea which i OPPOSE.
Watch his vid as well as @stevenmarkryan's and @WR4NYGov's for pros and cons - BUT THIS IS DIFFERENT
1/
2/ i agree with a lot of the points made - and that is why I oppose it. Its strengths are its weakness!

it WILL be the world's largest company. Every engineer, scientist etc. WILL want to work there. It WILL advance the move to occupy Mars.

BUT...
3/ BUT the world's largest company will be stronger than states. It will also be (one of?) the world's largest monopoly, that would be hard to compete with.

I LOVE ELON - BUT WHAT WILL HAPPEN AFTER HIM?

..
Read 9 tweets

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