As Bear says... "Patience my friends, patience" And regarding Nikola stock, especially with a startup company like Nikola, here is a wise quote by Warren Buffet... "The stock market is a device to transfer money from the impatient, to the patient" And us patient Nikola investors in it for the long term, will likely be greatly rewarded...
Didn't get a good enough close up of the trucks in the new parking behind the plant to get an accurate count. Next flyover loiter over both parking locations just a bit longer with a tighter shot if you can. Trying to track numbers. Thanks Bear!
258 deliveries seems like a lot. That would put them around 127 for the quarter and approximately 50 million in revenue. Is that correct? Q2 2022: 48 deliveries Q3 2022: 63 deliveries Q4 2022: 20 deliveries Q1 2023: 127 deliveries?
Reported on u.s news April 4th 258 deliveries. The problem was not the actual trucks themselves. It is the lack of infrastructure needed. Charging stations are being implemented at Walmart where they are testing the Nikola TRE. Moreover, I am more optimistic Kim Brady is no longer the CFO.
@@찌니찌니-v1c Nikola is a hydrogen company and should brand itself as a hydrogen solutions company. I think Brady should have focused their money first on the FCEV and hydrogen energy instead of BEV.
@@찌니찌니-v1c Brady seems to have misjudged their cash crunch. Or not as he may have been overruled by the CEO. They (Brady, Russell, Lohscheller) kept saying that they wanted to have 1 years worth of cash on hand. They don't have that now and I don't think they had it at the last earnings call. I don't know who gets the blame for spending, but they are spending too much for their revenue and cash position. Once it became difficult to raise cash due to the stock price and the trucks were not selling, they should have severely reduced spending. I think the hope was the share price would recover. But they need sales to end users and an improving gross margin or a booming stock market for that to happen. But Russell should get blame as well. Once the gross margin came out so high negative and the trucks weren't selling they should have cut way back on everything. If they aren't selling due to infrastructure, stop production, layoff workers and wait till the infrastructure is there. And figure out how to get the gross margin to where they said it would initially be -60 to -75%.
The FCEV with the cab tilted forward by the old H2 tanks has a white fairing around the backpack. All the beta FCEVs had black fairings. Maybe it’s a gamma?
Beautiful video as always. Company keeps begging for cash. The inventory needs to move..company needs to show they are being smart with money.. hope they get it together..
The Bears think a trucking manufacturer can just produce a truck with an automatic sale. First of all, trucking companies need to do day after day testing to see if it is a reliable truck. A commercial vehicle is used to generate revenue unlike an automobile.
Nice to see them using the valuable cash to install expensive air conditioners, no need to save money as they keep diluting the stock. Everything will be fine…. Right?!?
What an ignorant nonsense comment; The AZ summers here get very hot @ 108* to 114* in the shade, add the blazing hot sun on this factory and A/C installations are not a luxury, they are a necessity. You think Nikola workers, factory equipment & electronic equipment should be operating inside a factory at 130* plus without A/C ?
As Bear says... "Patience my friends, patience" And regarding Nikola stock, especially with a startup company like Nikola, here is a wise quote by Warren Buffet... "The stock market is a device to transfer money from the impatient, to the patient" And us patient Nikola investors in it for the long term, will likely be greatly rewarded...
Hydrogen on the track! Finally! Loving it!
Whole lot of trucks missing!🤔👀
Thank you Bear and Little Bear! Please keep these coming!
Miss you❤
Thanks Bear for the video, can we do a livestream when time permits? Much appreciated! 👍
어려운 상황에서 꾸준히 영상 올리시는점 감사드립니다
Didn't get a good enough close up of the trucks in the new parking behind the plant to get an accurate count. Next flyover loiter over both parking locations just a bit longer with a tighter shot if you can. Trying to track numbers. Thanks Bear!
I counted 38+62
And 47+65 last time
@@Serik1625 Thank you!
@@Serik1625 Thank you!
Thanks!
Thank you for all the work Bear. You are a citizen journalist on the field 🙏
I think Marco may change his mind.
@@danieldeblasio9368 - He’s an undercover fanboy. Thanks for tagging me on that update on the 258 trucks too. I appreciate that.
Thanks!
258 deliveries seems like a lot. That would put them around 127 for the quarter and approximately 50 million in revenue. Is that correct?
Q2 2022: 48 deliveries
Q3 2022: 63 deliveries
Q4 2022: 20 deliveries
Q1 2023: 127 deliveries?
I think they delivered 11 in Q1 2022. The article may have mixed up production and deliveries.
Ya 258 was also the number of trucks produced in 2022. I guess it’s possible they’ve delivered all the trucks they produced last year…
Im trying to grow a good stash to go in :) $nkla
Reported on u.s news April 4th 258 deliveries. The problem was not the actual trucks themselves. It is the lack of infrastructure needed. Charging stations are being implemented at Walmart where they are testing the Nikola TRE. Moreover, I am more optimistic Kim Brady is no longer the CFO.
Brady was a kind of problem? If yes, what aspect??
@@찌니찌니-v1c Nikola is a hydrogen company and should brand itself as a hydrogen solutions company. I think Brady should have focused their money first on the FCEV and hydrogen energy instead of BEV.
@@danieldeblasio9368 thanks for reply
@@찌니찌니-v1c Brady seems to have misjudged their cash crunch. Or not as he may have been overruled by the CEO. They (Brady, Russell, Lohscheller) kept saying that they wanted to have 1 years worth of cash on hand. They don't have that now and I don't think they had it at the last earnings call. I don't know who gets the blame for spending, but they are spending too much for their revenue and cash position. Once it became difficult to raise cash due to the stock price and the trucks were not selling, they should have severely reduced spending. I think the hope was the share price would recover. But they need sales to end users and an improving gross margin or a booming stock market for that to happen.
But Russell should get blame as well. Once the gross margin came out so high negative and the trucks weren't selling they should have cut way back on everything. If they aren't selling due to infrastructure, stop production, layoff workers and wait till the infrastructure is there. And figure out how to get the gross margin to where they said it would initially be -60 to -75%.
Go Nikola! 😎👍
The FCEV with the cab tilted forward by the old H2 tanks has a white fairing around the backpack. All the beta FCEVs had black fairings. Maybe it’s a gamma?
.. in the previous video i asked myself the same question .. there you have a better view on the whole Truck .. could be a gamma ..
…additionally, that FCEV has a sunroof, all but one of the betas didn’t have sunroofs.
Where does the employees park?
The stock keeps on dropping and dropping despite making more and more progress.
Our progress has just been amazing, in an economic downturn too. Thanks Bear
What is that thnig running away from the main building, at 6:48? a giant Rabbet? in Arizona!😄 A co-worker on 4 maybe🤣
Good job! Can you do one of these over ffie ?
Thanks for all the great videos
Maybe you can fly inside the building. 😊
😂👍
If the outstanding shares is 557.39M am I correct in assuming they haven't touched any of those 200M shares that are/were shelved?
❤
Nikola is producing 1 truck.l now.
hope they work more.
Beautiful video as always. Company keeps begging for cash. The inventory needs to move..company needs to show they are being smart with money.. hope they get it together..
Any body knows if Nkla has any operational hydrogen fuel stations. If not when will one be available.
Thanks!
Hey Bear, I saw an old video of April 2022 here at UA-cam where former Nikola's CEO Mark Russell greeted you friendly. Where do you know each other?
We dont know each other. He was just sharing his gratitude for the videos.
alot missing from lot good news
The Bears think a trucking manufacturer can just produce a truck with an automatic sale. First of all, trucking companies need to do day after day testing to see if it is a reliable truck. A commercial vehicle is used to generate revenue unlike an automobile.
@@DebtPRZ No, I might make a UA-cam channel or TikTok.
@@DebtPRZ Yeah, I have been contemplating about making videos since Covid.
@@DebtPRZ okay
@@danieldeblasio9368 - you’d have to follow me in order for me to message you directly.
@@DebtPRZ Excuse my intrusion, would it be possible to be in this group? thank you
Nice to see them using the valuable cash to install expensive air conditioners, no need to save money as they keep diluting the stock. Everything will be fine…. Right?!?
Gota have AC to cool down the stock 🤣
What an ignorant nonsense comment; The AZ summers here get very hot @ 108* to 114* in the shade, add the blazing hot sun on this factory and A/C installations are not a luxury, they are a necessity. You think Nikola workers, factory equipment & electronic equipment should be operating inside a factory at 130* plus without A/C ?
Every company who installed AC is wasting money? Lol
Scammers 😂😂😂
Troll 🤣😂🤣
Troll who doesnt have any friends 😂😂😂
@@johnsoo9448 bag holder 🤣🤣🤣
@@marcogpt the bag holders are so dumb. Soon it will be a penny stock
thanks bear!