Breaking News
Leaked phone call confirms the WNBA is in deep sh*t…
Why Not Just Admit It? The Welfare-Warfare State Has Failed.
700 OpenAI Bots Took Part in Massive Hacking Attack
ICE arrests explode as Trump hands cops sweeping new powers...
Top Tech News
Singapore is experimenting with biological computing using living human neurons...
It's Happening - Europe is Building an Impossible Fusion Reactor
Portable 1MW Kaleidos Microreactor Secures Critical Nuclear Fuel Deal Through 2030s
This New All-In-One Range Extender Is Ready To Go Into Any Electric Truck
Aptera Reveals The Secret To Building Its Solar EV: China
High-voltage sodium home battery emerges as affordable rooftop solar solution
Peter Thiel-Funded Company Anduril to Triple the Number of Autonomous Surveillance...
China has released Origin Pilot, claimed to be the world's first open-source operating system...
ShieldAI XBAT Drone Fighters Can Give A Fighter Drone Wing to Every US Destroyer
Brain organoids, kept alive more than five years, matured like human brains
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.