Nikola’s $12B Valuation Makes No Sense w/ Matt Joyce
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 Published On Premiered Jun 7, 2020

Deep dive into Nikola Motors, the hydrogen/electric truck startup that recently completed a reverse merger to list on the NASDAQ, and trades for a valuation of ~$12B ($35.97 per share). I'm joined by Matt Joyce to break down the company's strategy & CEO Trevor Milton's ambitious vision. The company's claims to have breakthrough battery and hydrogen fuel cell technology, seem too good to be true. And a valuation of ~$12B+ for a company with less than $1M in revenue last year and an operating loss of $88M? Only time will tell if Nikola is the real deal. For now, I'm very skeptical. Let us know what you think in the comments below!!

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LINK - Nikola Motors investor site: https://nikolamotor.com/investors
LINK - Nikola Motors S-4 SEC filing (with historical financials): https://sec.report/Document/000104746...
LINK - Trevor Milton Tesla Daily interview:    • Interview: Nikola Motor CEO Trevor Mi...  
LINK - Trevor Milton JMAC investing interview:    • Video  
LINK - Trevor Milton Interview with Cheddar: https://cheddar.com/media/hydrogen-el...
LINK - Verge article about Nikola/Budweiser partnership: https://www.theverge.com/2018/5/3/173...
LINK - Nikola battery press release: https://nikolamotor.com/press_release...
LINK - Nikola world 2019 video:    • Video  

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Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 06/07/2020 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Spotify (SPOT), Arcimoto (FUV), Snap (SNAP) and long Maker & Bitcoin. Galileo is also long Spotify $260 calls expiring January 2022.

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