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GM partners with the next Tesla...

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Post by CORNER BLITZ on 2020-09-14, 11:51

....or maybe not

What a roller-coaster.

GM partnered with Nikola last week to agree to build their Badger truck https://media.gm.com/media/us/en/gm/home.detail.html/content/Pages/news/us/en/2020/sep/0908-gen2fcs.html

Stocks soared until a a day or two later when reports came out that basically destroyed the company saying it was all a fraud and they don't have any actual IP, just some nice truck renderings. The CEO of Nikola went on the attack calling everyone out and talking about fighting and winners not running or hiding and a lot of rambling/cursing...then seemingly got in a plane and flew the fuck away? Haven't seen an update on where he ended up, but it was like a coaching tracker following his private jet right after he said losers run GM partners with the next Tesla... 502811600

Part of his running away was building the defense to show the idiots how wrong they are....and this is what they came up with....uhhhhh

https://electrek.co/2020/09/14/nikola-nkla-admits-faking-video-driving-prototype-weak-response/

As we reported last week, Nikola is currently in hot water after a recent report from Hindenburg Research made several allegations exposing deceptions by Nikola and its founder Trevor Milton, including several claims corroborated in previous reports from Electrek and Bloomberg.

This morning, Nikola has issued a full response to the report, and the company seems to be skating around the claims more than denying them.

For example, one of the biggest allegations is that Nikola faked a video of its prototype driving on the road in 2018.

Hindenburg showed evidence that Nikola instead towed the truck up a very long low grade hill and let it go down to produce this video of the “Nikola One Electric Semi Truck In Motion”

In its response, Nikola is quick to call this allegation a “lie,” but it then promptly admits that the prototype wasn’t working on the video:


Nikola described this third-party video on the Company’s social media as ‘In Motion.’ It was never described as ‘under its own propulsion’ or ‘powertrain-driven.’

We just said it was moving in the video...the fact that you thought it was driving makes you a dumbass GM partners with the next Tesla... 502811600
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Post by tGreenWay on 2020-09-14, 15:33

Nikola? I really don’t like their breath mints.
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Post by The Pantry on 2020-09-14, 16:15

tGreenWay wrote:Nikola? I really don’t like their breath mints.
I think those are cough drops.

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Post by kingstonlake on 2020-09-14, 17:32

Unlike most of their products, Will this one have a majority of its components made in the USA?
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Post by tGreenWay on 2020-09-14, 17:48

The Pantry wrote:
tGreenWay wrote:Nikola? I really don’t like their breath mints.
I think those are cough drops.



My mistake.


Nikola? I really don’t like their cough drops.
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Post by CORNER BLITZ on 2020-09-14, 19:06

kingstonlake wrote:Unlike most of their products, Will this one have a majority of its components made in the USA?

If the rumors are true, there are no components
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Post by The Pantry on 2020-09-14, 20:46

CORNER BLITZ wrote:
kingstonlake wrote:Unlike most of their products, Will this one have a majority of its components made in the USA?

If the rumors are true, there are no components
Please don't go there.  A lot of automotive components are still engineered and built in the U.S.

Doing work and quoting more work for Rivian...a U.S. company.  They are engineering and building Amazon's new fleet of electric delivery vehicles in the U.S.

For all the Trump bashing, he found a way to get rid of NAFTA...the most colossal fuck-up in trade history.
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Post by CORNER BLITZ on 2020-09-14, 21:58

The Pantry wrote:
CORNER BLITZ wrote:

If the rumors are true, there are no components
Please don't go there.  A lot of automotive components are still engineered and built in the U.S.

Doing work and quoting more work for Rivian...a U.S. company.  They are engineering and building Amazon's new fleet of electric delivery vehicles in the U.S.

For all the Trump bashing, he found a way to get rid of NAFTA...the most colossal fuck-up in trade history.

I know you're easily triggered by the vast left bias that hasn't stopped since Rona, but that was in regards to nikola potentially being a con and having no actual IP aka no components for GM just nice renderings and a fake video
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