NikolaFormer CEO Trevor Milton, on Nikola’s upcoming products, vs. analysts, a CNBC interviewer, and Youtubers:
After ARK Invest’s recent unflattering report (see above:
https://forum.arctic-sea-ice.net/index.php/topic,2686.msg269919.html#msg269919 ), former Nikola CEO Trevor Milton issued a challenge:
Trevor Milton (@nikolatrevor) 7/1/20, 3:40 PM
Hello @ARKInvest and @CathieDWood I'm happy to live stream chat with you for everyone to see - No editing. You're numbers are disingenuous and the world would like to see accurate data, not propaganda from your firm. I'm ready. I'll even give you time to prepare as you'll need it
https://twitter.com/nikolatrevor/status/1278413189865107456And ARK Invest was happy to accept:
Sam Korus (@skorusARK) 7/1/20, 4:25 PM
Hey @nikolatrevor as opposed to grandstanding, happy to have a discussion. The numbers I used were from your investor presentation and Tesla's semi presentation.
https://twitter.com/skorusark/status/1278424386459049985
ARK Invest (@ARKInvest) 7/1/20, 5:46 PM
Hi @nikolatrevor. Thank you for your interest in ARK. We would love to record a podcast with you to discuss our research and your goals for Nikola. Join us on FYI (ark-invest.com/podcasts/). Our team will reach out to you via DM.
https://twitter.com/arkinvest/status/1278444978054877189
Lots of replies from people eagerly awaiting such an event!
Trevor Milton (@nikolatrevor) 7/1/20, 8:09 PM
@ARKInvest Accepted.
https://twitter.com/nikolatrevor/status/1278480775185264640
His screencap of his DM at the link.
Here are two rather short, excellent videos that ask the questions Trevor doesn’t seem to want to answer. (H/t @28delayslater)
Is Nikola Badger Even Legit Bro? - YouTube
Sean of All Things EV
Nikola Motors, Trevor Milton (reaction video) - YouTube
< Bro, Tesla has more cars in space than Nikola have on the road.
< [Trevor says,] “The technology is all done.” I could never imagine those words coming out of Elon.
—- Paid (mostly-refundable) reservations for the as-yet-unseen
Nikola Badger pickup truck opened June 30. Trevor tweets they are receiving about 1,500 a day.
Trevor Milton (@nikolatrevor) 7/2/20, 7:47 PM
Cleared things up: Here you go! The Badger Honey package sold out ~1,000 reservations with $5,000 deposit requirements in under 48 hours. About $5,000,000 in deposits on that package alone. Tracking about 1,500 deposits per day without showing badger[,] or 200MM future revenue/day
https://twitter.com/nikolatrevor/status/1278837741262864385
< Your numbers are pie-in-the-sky. Making 1,500 units/day is about 550,000 units/yr. Will take you many years to get to that level. 200MM revenue on 1500 units means each truck would cost $133,000. …
<< Cybertruck day 1: 146,000 Badger day 1: 1,500 #industryleader
In his Autoline interview, Trevor said Nikola will build out hydrogen stations in the coming years to cover the specific routes agreed to in their semi-truck contracts. There are few hydrogen stations in the U.S. today, and most of them are in California. If a non-Californian pays the extra $20,000 to go from the “300 mile” BEV range to the “600-mile” hydrogen fuel cell range for their Badger pickup, we’ve seen nothing as to when or where they would be able to get the hydrogen.