1. I listened to Nikola founder Trevor's interview on Jason Calacanis's podcast, and was sold on the advantage of Hydrogen fuel cell over battery for long haul trucks. Such a huge market! And then Trevor said Nikola, a 400 people company, are also working on the an electric pickup called Badger to be more consumer facing. This makes no biz sense to me at all and I realized they are probably just chasing the trend.
2 At the time Nikola doing the first Earnings call ever, Trevor was on a 6-day vacation in the Bahamas, while bragging about having a $13 Million airplane. Trevor is no Elon. No matter how much you hate Elon, he works his butt off, and that gets my respect automatically.
3 I understand Nikola want to protect their trade secrets and go through SEC first, but in their press release [2] they have shown nothing to prove that Hindenburg Research's report is wrong.
[1] https://thisweekinstartups.com/e1090-nikola-founder-trevor-m...
[2] https://nikolamotor.com/press_releases/nikola-refutes-allega...