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hyperpape
on Sept 21, 2020
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Nikola’s founder steps down from board as company ...
It's a good start, but their market cap is still 11 billion. For reference, Ford is 27 billion.
pas
on Sept 21, 2020
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The idea seems sane. Maybe GM will execute it. Or some new management.
reducesuffering
on Sept 21, 2020
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11 billion for an "idea" isn't sane. The hydrogen tech doesn't exist and possibly never will. Other auto manufacturers are struggling with it. As to the electric truck? Others are far ahead.
pas
on Sept 21, 2020
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Well, when the VC market quickly put together 40 billion for renting office space, so 11B isn't that much nowadays.
There are already around 40 fuel cell stations just in CA, there's similarly around 45 in Germany.
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