Nikola stock worthless in the long run. There is good reason to doubt Trevor Milton's claims

Nikola Stock Will Go To $0. Very Little Doubt
In this video we are going to talk about the so-called 0 emission hydrogen fuel cell and electric vehicle maker Nikola. More on why I said so-called 0 emissions later. I don’t have a position in this company and I am not planning to initiate one ever.
There are 5 huge reasons that Nikola cannot succeed.

First, the basic laws of physics will prevent Nikola’s pipe dreams from coming true. And you know the nice thing about the laws of physics is that they are true no matter what you believe about Nikola’s pipe dreams

2. To the consumer the cost of ownership will be higher than the Tesla Semi because of the inherent inefficiency of the fuel cell vehicle

3. the infrastructure for hydrogen refueling and onsite production and storage does not exist and would have to be built at 5 to 10 times more expensive than electric charging stations.

4. I don’t believe that there are any real breakthroughs have been made in hydrogen production that will lower the cost of hydrogen production by 81% like Trevor Milton claims.

5. Whether or not Nikolas claims about their battery advances are true or not don’t really matter if the previous four reasons I gave you are true.

For those reasons I don’t think that Nikola will be able to compete with Tesla and a guaranteed price of 7 cents per kilowatt hour at their Tesla supercharging stations. They are both dependent on the same power from the same local grid. Except Tesla powers batteries directly and Nikola will use it to crack water for hydrogen production, which will then be used to power vehicle batteries. If battery swapping or battery as a service is ever revisited by Tesla for its line of SEMIs. I think that will be the final nail in the coffin.
Nikola is DOOMED.

Cathie Wood Ark Invest Interview https://www.youtube.com/watch?v=5tdr89cf4dQ

contact: jason@advizedge.com

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