Dadoffourgirls
China, MI USA
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time2roll wrote:WASHINGTON (Reuters) -Nikola Corp has agreed to pay $125 million to settle civil charges that it defrauded investors by misleading them about its products, technical advancements and commercial prospects, the U.S. securities regulator said on Tuesday.
https://finance.yahoo.com/news/nikola-corp-agrees-pay-125
I was surprised to see any actual truck from Nikola. The real feat will be if the FCEV can be a commercial success.
Meanwhile, a Texas company is holding nearly a billion dollars of deposits for something that was promised to be delivered last year or earlier, and it is not considered misleading. They even promised that your vehicle could be an autonomous ride hailing service and pay for your monthly payment for an extra $10k. That does not exist either.
I guess we measure our companies by who the investor was and is.
Dad of Four Girls
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Employee of GM, all opinions are my own!
2017 Express Ext 3500 (Code named "BIGGER ED" by daughters)
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8.1 Van
Millstone NJ
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![[image]](https://live.staticflickr.com/65535/51761608038_727a235f6d_c.jpg)
Karat Packaging Announces Expansion of Its Logistic Services
2002 Chevy Express LS 3500 8.1 155" WB passenger van 3.73 posi (GT4/G80)
2003 Thor Citation 41-ZBSR 41ft TT
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time2roll
Southern California
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WASHINGTON (Reuters) -Nikola Corp has agreed to pay $125 million to settle civil charges that it defrauded investors by misleading them about its products, technical advancements and commercial prospects, the U.S. securities regulator said on Tuesday.
https://finance.yahoo.com/news/nikola-corp-agrees-pay-125
I was surprised to see any actual truck from Nikola. The real feat will be if the FCEV can be a commercial success.
2001 F150 SuperCrew
2006 Keystone Springdale 249FWBHLS
675w Solar pictures back up
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8.1 Van
Millstone NJ
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time2roll wrote:How long will it take to pay back all the subsidies at this rate?
Tesla paid its $465 million loan from th........US Department of Energy nine years early
![[image]](https://live.staticflickr.com/65535/51761817035_30ee1fe498_c.jpg)
video
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Yosemite Sam1
Under the pines.
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Yup, #ApartheidElon is yapping all over it.
More reason for his arrogance and narcissism that seems to have cascaded to the organization and Tesla relations with customers and buyers -- receiving a get-it-today-or-well-cancel-your-order response when their units are ready.
My daughter said Tesla used to be topnotch in responding to her issues with Tesla X. Currently, the response and turn-around takes forever.
Musk doesn't seem to care about other stockholders and Tesla stock prices when he dumped his own holdings on the market with such hoopla in Twitter and the internet. As a result, he is getting sued again.
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time2roll
Southern California
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How long will it take to pay back all the subsidies at this rate?
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free radical
Canada
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Dadoffourgirls wrote:philh wrote:...Ford is going all in too. It's what I said awhile ago, when the OEM's start waking up, All the new startups are going to be in trouble. Ford CEO announced that Ford will be #2 behind Tesla in BEV by 2025(?). GM is unlikely to give up very easily.
Phil
I think we have been saying similar things. The OEMs experience will provide an advantage when the market is ready. Ford and GM have proven that they can build an electric vehicle. It appears that a couple of fan boys have nothing nice to say, but did not learn from their mom that if you have nothing nice to say, say nothing.
I am guessing that you and I are waiting in great anticipation for the year-end financials. GM and Ford combined will probably make $20B more than that Texas company. And Ford and GM will provide real US sales numbers, not hiding behind global numbers.
Judging by the huge demand for Tesla,
Market has been ready many moons ago.
OEms lack one thing Tesla has. Ill let you figure out what.
Btw heres something for the Musk haters to chew on
https://www.teslarati.com/elon-musk-1-million-per-day-us-taxes/
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8.1 Van
Millstone NJ
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![[image]](https://live.staticflickr.com/65535/51759759565_f156c5493c_o.png)
BYD USA has many electric trucks working there.
![[image]](https://live.staticflickr.com/65535/51759558394_34ea7abd3f_c.jpg)
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Dadoffourgirls
China, MI USA
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Joined: 05/29/2003
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philh wrote:...Ford is going all in too. It's what I said awhile ago, when the OEM's start waking up, All the new startups are going to be in trouble. Ford CEO announced that Ford will be #2 behind Tesla in BEV by 2025(?). GM is unlikely to give up very easily.
Phil
I think we have been saying similar things. The OEMs experience will provide an advantage when the market is ready. Ford and GM have proven that they can build an electric vehicle. It appears that a couple of fan boys have nothing nice to say, but did not learn from their mom that if you have nothing nice to say, say nothing.
I am guessing that you and I are waiting in great anticipation for the year-end financials. GM and Ford combined will probably make $20B more than that Texas company. And Ford and GM will provide real US sales numbers, not hiding behind global numbers.
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Yosemite Sam1
Under the pines.
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That's some bulky battery underneath that it look like a truck placed on top of a tugboat. lol
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