Breaking News
Arrested and charged with 17 first-degree felony counts for forging vax records for 8 children,...
VAERS data on all vaccine deaths from 1988 to 2021.
Coin-sized nuclear 3V battery with 50-year lifespan enters mass production
Massie Bill Demands Federal Candidates Reveal Dual Citizenship
Top Tech News
Watch the Jetson Personal Air Vehicle take flight, then order your own
Microneedles extract harmful cells, deliver drugs into chronic wounds
SpaceX Gigabay Will Help Increase Starship Production to Goal of 365 Ships Per Year
Nearly 100% of bacterial infections can now be identified in under 3 hours
World's first long-life sodium-ion power bank launched
3D-Printed Gun Components - Part 1, by M.B.
2 MW Nuclear Fusion Propulsion in Orbit Demo of Components in 2027
FCC Allows SpaceX Starlink Direct to Cellphone Power for 4G/5G Speeds
How Big Tech Plans To Read Your Mind
AI, Nature & Legal Personhood
Has Nikola Finally Turned the Corner?
Upon its debut after merging with a special purpose acquisition company (SPAC), management projected more than $150 million in revenue for 2021. Instead, in its fourth quarter and full-year 2021 financial report, Nikola said it still hasn't sold any commercial trucks and reported a nearly $700 million net loss for the full year. But looking ahead, the company said it has real prospects for near-term sales of its battery electric vehicles (BEVs) and sees much progress with the hydrogen fuel cell electric vehicle (FCEV) side of the business.
A crash at the start line
Nikola ran into trouble right out of the gate when short-seller Hindenburg Research released an article in Sept. 2020 that challenged several of Nikola's claims on its progress and technologies.