Comment by coliveira

I have met people like Nikola's CEO, and I bet my dear life that nothing will ever be delivered, except if the technology exists to completely - I mean exactly 100% - outsource it using the cash given by others and slap a logo on the result, failing in the end anyway. When you see a company so hell bent and putting so much effort in tricking investors AND actively avoiding doing any real work, you know what's happening. If you, and more importantly people with money to invest, are persuaded that "it's not different from Tesla", that's a victory for Nikola, and their sole source of income.

> since when they started there was no real technology to talk about

That is flat false, making a automotive battery out of laptop batteries was quite a technology development. They also made their own engines and inverters from the beginning.

> The CEO of Tesla is also well known to be untrustworthy with his promises

Actually the opposite, it is well known that when he says something its very likely going to happen. As most of the things he say, no matter how crazy to turn out to actually happen.

Arguable there is no other human alive in the world today, that when he say 'We are gone do X' that more people believe could actually do it.

> having even being formally investigated by the SEC for stock price manipulation.

He wasn't investigated for stock price manipulation, he was investigated for improper communication to stock holders.

> I don't know the future, but there is a possibility that they will also develop the needed technology to make it all work.

So even after 10 years of consistently laying every year, announcing dozens of technologies that all turn out to be totally fake you still think they can do it. That seems beyond utterly blue-eye to me.