Lamar Odom in Zach Randolph’s body did it again, y’all. Read more…
Tag: Nikola
The Portland Trail Blazers are hotter than a seatbelt buckle in August
The Portland Trail Blazers are coming into the NBA playoffs on fire, in NBA Jam terms. Read more…
Nikola Jokić is peeking back at other MVP candidates and smiling like Usain Bolt in Rio
With less than a month to go in the regular season, the NBA’s MVP race is taking up a lot of oxygen. There’s nothing unusual about that. What is strange is the divergence between the reality of the competition for MVP and the conversation around it. Read more…
Nikola admits to making “inaccurate” statements under disgraced founder
Enlarge / A prototype of the Nikola Tre battery electric truck. (credit: Nikola) Aspiring electric truck maker Nikola has admitted to the Securities and Exchange Commission that nine statements made by founder Trevor Milton were “inaccurate.” Milton was forced to resign from Nikola in September, shortly after the falsehoods first came to light. Between 2016 and […]
Nikola stock craters after cancellation of major garbage truck order
Enlarge / The garbage truck was supposed to be based on the same platform as the forthcoming Nikola Tre battery electric semi truck. (credit: Nikola) Another established company has backed away from struggling electric truck maker Nikola, sending the latter’s stock price down by 18 percent over two days of trading. Nikola’s stock value is […]
Nikola stock Dip Proceeds as insider lockup period ends
Expand / Nikola Chairman Trevor Milton unveils the Nikola Only truck at December 2016. (charge: Nikola) In June, aspiring hydrogen truckmaker Nikola turned into a publicly traded firm because of a merger using a special-purpose acquisition firm. That trade comprised a 180-day lockup for business insiders, made to keep them from dumping their stocks on unsuspecting […]
Nikola soars as clueless investors mistake month-old GM website for new
Enlarge / GM CEO Mary Barra. (credit: Drew Angerer/Getty Images) Nikola stock rose 15 percent on Wednesday after confused investors apparently mistook a month-old GM website for a brand-new announcement about the companies’ pending agreement. The stock is up another 7 percent as I write this on Thursday morning. Shortly before 10am ET on Wednesday, […]
Nikola has $900 million at the bank, Dropped $117 million Final quarter
Expand / / The Nikola Tre semi truck. (charge: Nikola) Electric truckmaker Nikola was widely ridiculed in September if a short-selling company disclosed that its very first truck, the most Nikola Certainly, never functioned. A promotional video on this truck”in movement” really showed the car rolling down a mountain . However, the organization’s most recent […]
Nikola CEO downplays Badger truck as GM Discussions drag on
Expand / / {} of this Nikola Badger. (charge: Aurich Lawson / / Nikola Motor Corporation) Nikola CEO Mark Russell downplayed the Corporation’s Badger pickup truck remarks to this Financial Times on Thursday. “The Badger has been an intriguing and exciting endeavor to a investors, however, our institutional investors are largely concentrated on the company […]
Nikola Attempts to silence critics Using copyright takedowns of All YouTube Movies
Expand / A 2018 Nikola film revealed the Nikola One prototype rolling down a mysterious mountain in Utah. Nikola currently says it never promised the truck has been driving under its {} . (charge: Nikola) Nikola has issued copyright-takedown finds targeting critics YouTube who employed clips of this promotional video where a Nikola model truck […]