EPISODE · Jun 8, 2020 · 40 MIN
Nikola’s $12B Valuation Makes No Sense w/ Matt Joyce
from HyperChange · host Gali
Deep dive into Nikola Motors, the hydrogen/electric truck startup that recently completed a reverse merger to list on the NASDAQ, and trades for a valuation of ~$12B ($35.97 per share). I'm joined by Matt Joyce to break down the company's strategy & CEO Trevor Milton's ambitious vision. The company's claims to have breakthrough battery and hydrogen fuel cell technology, seem too good to be true. And a valuation of ~$12B+ for a company with less than $1M in revenue last year and an operating loss of $88M? Only time will tell if Nikola is the real deal. For now, I'm very skeptical.
What this episode covers
Deep dive into Nikola Motors, the hydrogen/electric truck startup that recently completed a reverse merger to list on the NASDAQ, and trades for a valuation of ~$12B ($35.97 per share). I'm joined by Matt Joyce to break down the company's strategy & CEO Trevor Milton's ambitious vision. The company's claims to have breakthrough battery and hydrogen fuel cell technology, seem too good to be true. And a valuation of ~$12B+ for a company with less than $1M in revenue last year and an operating loss of $88M? Only time will tell if Nikola is the real deal. For now, I'm very skeptical.
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Nikola’s $12B Valuation Makes No Sense w/ Matt Joyce
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