Nikola (NKLA) Stock - Engineer and Finance Perspective
9+ reasons why I will not touch Nikola stock with a 10-foot pole. One big reason is the fuel cost of the Tesla Semi vs Nikola Two. The Tesla Semi is $700k cheaper if factoring extra time needed to fuel the Tesla Semi.
Smash that like button if you are a Tesla Bull and Nikola Bear!
Timestamps
1) Engineering Timelines Are Lofty - 2:11
2) CEO sold shares - 3:23
3) $0 in pre-orders (initial pre-order req. was $1500 compared to $20k for Tesla) - 3:54
4) Too many retail investors pumping the stock price - 5:09
5) Hydrogen Stations Capex - 6:37
6) Tesla Semi Vs Nikola Two (Tesla wins by ~$700k) - 7:20
7) LONG road to profitability compared to current valuation - 12:22
8) Fuel Cells vs Battery efficiency (FCEV vs BEV) - 13:16
9) Ludicrous Battery claims - 14:39
Bull Reasons (but half bear)
1) Partnership leveraging - 16:12
2) High Share Price Means More Money Can Be Raised - 17:27
3) Stellar Marketing (Could fool an average Joe) - 18:26
#NKLA #NikolaStock #NikolaStockAnalysis
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I am a big believer in stock market investing as one of the main ways to achieve Financial Independence. If you are too, I would love for you to join me on this journey as I track my progress towards Financial Independence. The day that I can reach that goal will be the day I Retire Early and do the jobs in life the I love without caring about the paycheque. I hope to build a community of like-minded individuals who want to reach financial independence while living a reasonable life because what good is money if you die early from only eating instant noodles (for the record, I love instant noodles)!
Note that this is NOT professional financial advice but rather documenting what I have learned over the years I have been investing. I want to share my journey with you to inspire you to take a hold of your finances and not fall victim to debt.