According to the WSJ, Nikola’s deal with a major energy firms is now on hold, or pretty much cancelled due to the Hindenburg Report. The deal with BP, for the establishment of hydrogen refiling stations is now pretty much of the table. In this video I will explain why I think this is the final play in the Nikola saga and why I think this is game over for this company, even without Trevor Milton.
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This is strictly my opinion, so do your own research and make up your own mind.

By Stock Chat

where the coffee is hot and so is the chat

25 thoughts on “Nikola business model collapsed: might lose refueling stations deal”
  1. Avataaar/Circle Created with python_avatars Brandon Garced says:

    $NKLA up over 19 percent today . It’s not game over . I don’t like $NKLA but clearly people bought the dip .

  2. Avataaar/Circle Created with python_avatars Mohammed Malak says:

    Trevor Milton = james deangelos son allegedly 😂

  3. Avataaar/Circle Created with python_avatars Stanley Kowrach says:

    Tom you lied. Previous video you said "Nikola would die by Jan. 1 2021". You are 3 months early.

  4. Avataaar/Circle Created with python_avatars B Great says:

    I,m Down 80% in nikola what option i have any suggestions please,

  5. Avataaar/Circle Created with python_avatars Karsten T says:

    Everyone who keeps reminding us all about Trevor's brother and concrete, keep in mind, Donald Trump is the president of USA 😂 just sayin'

  6. Avataaar/Circle Created with python_avatars Electricos Cosmos says:

    ExxonMobile could step in. You bears sound like Tesla bears in 2011.

  7. Avataaar/Circle Created with python_avatars Eatables says:

    I'm still baffle as to why NKLA is still has 8bil market cap.

  8. Avataaar/Circle Created with python_avatars Brian Borkowski says:

    I thought Nel was supposed to build the hydrogen stations. What happened to deal with Nel?

  9. Avataaar/Circle Created with python_avatars Lone Wolf says:

    Who could have foreseen this!?

  10. Avataaar/Circle Created with python_avatars H GM says:

    That’s rubbish,. Travis has years of experience laying concrete drives.

  11. Avataaar/Circle Created with python_avatars Pierre Roberge says:

    Huge clusterfuck is right!

  12. Avataaar/Circle Created with python_avatars Jay A M says:

    If I were Trevor Milton, I'd get a parachute and hire a light aircraft to drop me somewhere deep in the Amazon.
    Better to live on land in the Amazon jungle than prison.

  13. Avataaar/Circle Created with python_avatars Shazrim Sharif says:

    NKLA had flown with balloons (bubbles) and now they are down with the force of gravity (reality)

  14. Avataaar/Circle Created with python_avatars 🧡💚 yourfriendsommi (personal) says:

    🧡💛💚💙 Great video. Bullish on Nikola. It should get to $300 billion market cap next year 🧡💛💚💙

  15. Avataaar/Circle Created with python_avatars quad comparator says:

    If BP pulls out others like ExxonMobil will work with Nikola. The future hydrogen economy is potentially too large to ignore.

  16. Avataaar/Circle Created with python_avatars Martin B says:

    This goober obviously doesn’t know the difference between losing and stalled. Moron.

  17. Avataaar/Circle Created with python_avatars Alb says:

    "Business Model"? Really? This was just a scam, a big scam.

  18. Avataaar/Circle Created with python_avatars Diego Palomar says:

    Jail for that piece of shit!

  19. Avataaar/Circle Created with python_avatars Yeahbishisaidit says:

    Sounds like BP exes shorted Nikola stock then pulled the deal at the last minute and ran away with millions! 🤷‍♂️😎

  20. Avataaar/Circle Created with python_avatars Grippy Man says:

    Why isn't Miton not being arrested yet, the biggest financial scandal in the history yet in this age.

  21. Avataaar/Circle Created with python_avatars Aleksander Hoff says:

    The interesting thing is that all you are saying is the same thing as every newspaper… “based on rumors”. There haven’t been any confirmations that they were even in talks with BP, just rumors. Company talks happen all the time, but of course… every possibility to fuel the bad press is good press right?

  22. Avataaar/Circle Created with python_avatars Anew-Wiseman says:

    It sucks that I made no Profit from selling my Shares. It's like nobody outside of Tesla can create a Proper Infrastructure for the Electric Car.

  23. Avataaar/Circle Created with python_avatars Turning Point says:

    Do you think the plan for making hydrogen was to use NG as the source and say oh electrolysis produced hydrogen will come sometime in the future, giving the fossil fuel companies another place to sell their products? Thats what BP was interested in along with a load of government subsidies to pay for it.

  24. Avataaar/Circle Created with python_avatars Andreas K. says:

    good analysis! ("the creepy behaviour of trevor didn't help" hahaha)

  25. Avataaar/Circle Created with python_avatars moshe cohen says:

    what abut hostile takeover by GM ?

    now when former GM vice chairman is the new chairman of Nikola and by the agreement between Nikola and GM they will get one more manager at Nikola and 11% of Nikola !!! Who will control Nikola
    ?

    think abut it

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