"krustywantout" (krustywantout)
09/14/2020 at 12:44 • Filed to: None
2
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"krustywantout" (krustywantout)
09/14/2020 at 12:44 • Filed to: None | 2
| 12 |
This is from a company that is valued at $20 billion. Think about that and let that sink in. Because of their relationships with powerful people, they can pull this BS and no one will go to jail or fail. If anyone thinks our economy is fair, then you must be part of the problem.
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Update: GM says they did “appropriate diligence “. I love how Nikola’s CFO says that GM management knows what they’re doing. Because it’s not like GM hasn’t screwed up royally in the past and it’s decisions have always demonstrated it to be a very competent and financially sound company.
/s
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ranwhenparked
> krustywantout
09/14/2020 at 12:57 |
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For a minute, I thought it was going to be about Elio finally going belly up. Has that happened yet, officially?
For Sweden
> krustywantout
09/14/2020 at 13:02 |
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themanwithsauce - has as many vehicles as job titles
> krustywantout
09/14/2020 at 13:05 |
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While Nikola is definitely a bit suspect, the “agency” that came out with all the claims against Nikola is literally a short-selling firm who basically uses news and “reports” to drive down stock prices after short-selling them. They have a very vested interest in making their targets look bad so I view anything form them as a bit suspect.
BrianGriffin thinks “reliable” is just a state of mind
> krustywantout
09/14/2020 at 13:07 |
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Everyone involved in that story is an asshole.
Kiltedpadre
> ranwhenparked
09/14/2020 at 13:07 |
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I don’t think they’ve made an official statement, but I can’t imagine it’s not dead. The last official press release from Elio was almost 2 years ago.
But hey, act now and you can get your vapor ware at 25% off!!
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ranwhenparked
> Kiltedpadre
09/14/2020 at 13:16 |
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An electric vehicle company, I can understand not making it. I mean, there’s a lot of advanced technology there, and a 4 wheeled vehicle has to pass all crash tests, etc, but Elio has no freaking excuse. With the money they raised, they could have had something on the road years ago, if they didn’t waste so much time trying to reinvent a formula that already works. 3 wheeled chassis, cheap small engine, fiberglass body, snowmobile CVT. Just modernize a Reliant, and you’re done. Those things were built on a shoestring budget a few at a time in the later years, with just a handful of employees.
I like cars: Jim Spanfeller is one ugly motherfucker
> krustywantout
09/14/2020 at 13:36 |
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They haven’t
quite
pulled a Dale, but it’s close.
KingT- 60% of the time, it works every time
> krustywantout
09/14/2020 at 13:52 |
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Read about this earlier today. Hilarious
WilliamsSW
> themanwithsauce - has as many vehicles as job titles
09/14/2020 at 14:46 |
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You have to be skeptical of both sides. They both have vested interests in getting people to buy their stories. Some of what’s in the Hindenburg report is meaningless fluff. Some of it is damning, if true.
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WilliamsSW
> krustywantout
09/14/2020 at 14:48 |
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A fairly weak response imho. I find the whole thing wildly entertaining, mainly because I have connections in my past to a few people there.
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ranwhenparked
> I like cars: Jim Spanfeller is one ugly motherfucker
09/14/2020 at 15:34 |
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Speaking of which, why isn't that a movie yet? That should be a movie
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WilliamsSW
> BrianGriffin thinks “reliable” is just a state of mind
09/15/2020 at 01:26 |
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Oh you have no idea...