Nikola semi startup shines on Wall Street with $34BN valuation:
While Tesla's long been the poster child for stratospheric market value despite modest profits, electric truckmaker Nikola knocked on Wall Street's door this week with a huge number.
As Automotive News points out, Nikola's market value reached $34 billion this week after its debut on the New York Stock Exchange last week. The incredible value, which is higher than Ford and Fiat Chrysler Automobiles, comes with a big caveat. The startup hasn't yet posted a single dollar in revenue.
In fact, Nikola's grand plans are even lengthier than we're used to from Tesla. The massive plant Nikola plans to build in Arizona won't be fully utilized until near the end of this decade, the company has previously said. The company did announce a notable new hire on Wednesday in Mark Duchesne. The executive will become Nikola's global head of manufacturing after he spent five years at Tesla and 22 years at Toyota.
[...] With all these grand plans moving ahead, Nikola forecasts revenue in 2023 as its semis begin trickling into the world. Today, the company says it has 14,000 reservations for its fuel-cell semi trucks, which it needs to still transform into actual preorders.
Tesla has its own semi truck, the Semi, which is reportedly ready for "volume production" and scheduled for launch next year.
(Score: -1, Spam) by Anonymous Coward on Saturday June 13 2020, @10:09AM
This has been a public service announcement from GNAA (GAY NIGGER ASSOCIATION OF AMERICA).
And now we return to our usual broadcast...
GNAA (GAY NIGGER ASSOCIATION OF AMERICA) is the first organization which gathers GAY NIGGERS from all over America and abroad for one common goal - being GAY NIGGERS.
Are you GAY [klerck.org]?
Are you a NIGGER [mugshots.org]?
Are you a GAY NIGGER [gay-sex-access.com]?
If you answered "Yes" to any of the above questions, then GNAA (GAY NIGGER ASSOCIATION OF AMERICA) might be exactly what you've been looking for!
Join GNAA (GAY NIGGER ASSOCIATION OF AMERICA) today, and enjoy all the benefits of being a full-time GNAA member.
GNAA (GAY NIGGER ASSOCIATION OF AMERICA) is the fastest-growing GAY NIGGER community with THOUSANDS of members all over United States of America. You, too, can be a part of GNAA if you join today!
Why not? It's quick and easy - only 3 simple steps!
First, you have to obtain a copy of GAY NIGGERS FROM OUTER SPACE THE MOVIE [imdb.com] and watch it.
Second, you need to succeed in posting a GNAA "first post" on SoylentNews [soylentnews.org], a popular "news for trolls" website
Third, you need to join the official GNAA irc channel #GNAA on EFNet, and apply for membership.
Talk to one of the ops or any of the other members in the channel to sign up today!
If you are having trouble locating #GNAA, the official GAY NIGGER ASSOCIATION OF AMERICA irc channel, you might be on a wrong irc network. The correct network is EFNet, and you can connect to irc.prison.net or irc.colosolutions.net as one of the EFNet servers.
If you do not have an IRC client handy, you are free to use the GNAA Java IRC client by clicking here [nero-online.org].
If you have mod points and would like to support GNAA, please moderate this post up.
This post proudly brought to you by the GNAA president
________________________________________________
| ______________________________________._a,____ |
| _______a_._______a_______aj#0s_____aWY!400.___ |
| __ad#7!!*P____a.d#0a____#!-_#0i___.#!__W#0#___ |
| _j#'_.00#,___4#dP_"#,__j#,__0#Wi___*00P!_"#L,_ |
| _"#ga#9!01___"#01__40,_"4Lj#!_4#g_________"01_ |
| ________"#,___*@`__-N#____`___-!^_____________ |
| _________#1__________?________________________ |
| _________j1___________________________________ |
| ____a,___jk_GAY_NIGGER_ASSOCIATION_OF_AMERICA_ |
| ____!4yaa#l___________________________________ |
| ______-"!^____________________________________ |
` _______________________________________________'