Featured Nikola and GM Form Strategic Partnership

smoke and mirrors?

someone from the board said, 'without milton, there is no nikola'

 

When the day came to finalize the agreement, GM said no thanks.

 

Nikola . . . the next Aptera?
.

 

Aptera made a prototype. A few in fact. Nikola had a demo made on an ICE glider at most.

 

can't say that i blame them. more like delorean

 

So much for Nikola/Victory lawsuit against Tesla, claiming that their tractor cab design was too similar to theirs.
Karma .... not to be confused with Fisker automotive

 

More bad news for fool cells in passenger vehicles:

Nikola's stock plunged on Monday morning as the company announced that a previously announced deal with General Motors was not going to close...

...The news means that Nikola is canceling the Badger, a planned pickup truck that critics have long derided as vaporware​

Nikola stock plunges as company cancels Badger pickup truck | Ars Technica

 

Aptera the once and future vaporware

It's Taking Shape

 

Reminds me of the DeLorean, Bricklin and the later Elio.

 

My understanding is GM will provide fuel cells and integration for their semi-trailer truck:
G.M. Scales Down Nikola Deal - The New York Times

After weeks of talks, the two companies announced Monday that they would work together on a much more limited basis than what they proposed in September.

G.M. still intends to supply hydrogen fuel cells to Nikola for use in the heavy-duty trucks the start-up is developing but has yet to mass produce. But G.M. will no longer make an electric pickup truck for Nikola or take an 11 percent stake in the company — once valued at $2 billion.
“This is better than what it was because it gets us back to what is most important to both of us, which is fuel cells,” Nikola’s chief executive, Mark Russell, said in an interview.​

This is chance for our pest to put his money where his mouth is. For example, I did that with TSLA:



I won't be investing in Nikola, NKLA $20.41, as there are valid externalities that warrant caution. So I invest in TSLA and also buy Tesla products. Perhaps the 'honorable competition' will invest in Toyota, TM $134.46, as they claim to have a Mirai. Put your money where your mouth is.

Bob Wilson

 

'gm backs out of nikola deal,

takes hit to reputation'

when you hit rock bottom, everything looks like up.

 

Malcom Bricklin's second venture was the Yugo.

 

Along with their self destructing 6 cylinder engines and their CVT transmissions.

 

Malcolm is special and I like the guy. His products could be better but then ... we once owned a 1981 Chevy Chevette.

Bob Wilson

 

He was on a video with Sandy Monroe. It was obvious they’d favorably known each other for decades.

Bob Wilson

 

Fisker Karma, anyone?