Tag: Nikola

‘I Should Have More Than Four’: LeBron James Offers His Two Cents on the MVP Debate

Photo: Lintao Zhang (Getty Images) Sustained excellence has its perks, but it can also be a bit of a curse. Because when you routinely excel at something, the general populace tends to take it for granted. Advertisement Enter LeBron James, who last I checked, is somehow averaging 25.8 points, eight dimes, and eight assists per […]

Read More

Nikola Embarrassed After Internal Review, Now Downsizing

<img data-attachment-id="1735326" data-permalink="https://www.thetruthaboutcars.com/2020/09/nikola-responds-to-criticisms-of-fraud/screenshot_2020-09-14-nikola-motor-company-nikola-world-2019-nikola-two-electric-semi-truck-demos1/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1.jpg" data-orig-size="3645,1865" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Nikola Motor Company – Nikola World 2019 Nikola Two Electric Semi Truck Demos(1)" data-image-description=" Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” class=”aligncenter size-large wp-image-1735326″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” alt width=”610″ height=”312″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-75×38.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-768×393.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-120×61.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> The outside firm Nikola hired to conduct the internal investigation […]

Read More

Pop Goes the EV: Are Electric Cars the Next Dot-Com Bubble?

The dot-com bubble of the late 90s was an expensive lesson in rampant speculation and unrealistic expectations. Two decades later, the same pattern may have emerged within the EV landscape — or so says a report in Harvard International Review. There’s no denying the surging optimism surrounding electric vehicles. Whether it be the fact that […]

Read More

GM And Nikola Reach Revised Agreement, Badger Truck Plans Effectively Dead

In September, General Motors and Nikola announced a strategic partnership that would see GM engineer and build the Nikola Badger pickup as well as provide fuel cell technology for Class 7/8 semi-trucks in exchange for $2 (£1.5 / €1.7) billion in newly issued Nikola stock. Shortly after the deal was announced, Hindenburg Research released a […]

Read More

GM No Longer Building Nikola Electric Pickup, Nixes Equity Stake

<img data-attachment-id="1735326" data-permalink="https://www.thetruthaboutcars.com/2020/09/nikola-responds-to-criticisms-of-fraud/screenshot_2020-09-14-nikola-motor-company-nikola-world-2019-nikola-two-electric-semi-truck-demos1/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1.jpg" data-orig-size="3645,1865" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Nikola Motor Company – Nikola World 2019 Nikola Two Electric Semi Truck Demos(1)" data-image-description=" Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” class=”aligncenter size-large wp-image-1735326″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” alt width=”610″ height=”312″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-75×38.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-768×393.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-120×61.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> On Monday, General Motors and Nikola Corp announced a […]

Read More

Faraday Future Returns, Discusses Going Public With Reverse Merger

<img data-attachment-id="1483249" data-permalink="https://www.thetruthaboutcars.com/2017/01/ff91-reveal/faraday-future-ff-91-profile/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878.jpg" data-orig-size="2806,1529" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="Faraday Future FF 91 profile" data-image-description=" Image: Faraday Future ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-450×245.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-610×332.jpg” class=”aligncenter size-large wp-image-1483249″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-610×332.jpg” alt=”Faraday Future FF 91 profile” width=”610″ height=”332″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-610×332.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-75×41.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-450×245.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-768×418.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/Faraday-Future-FF-91-profile-e1485963171878-120×65.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Faraday Future is hoping to go public through a reverse merger, […]

Read More

Nikola Criticized for Censoring YouTube Videos That Made It Look Bad

<img data-attachment-id="1737118" data-permalink="https://www.thetruthaboutcars.com/2020/10/nikola-criticized-for-censoring-youtube-videos-that-made-it-look-bad/shutterstock_1408496255/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="stressed out computer dude angry online" data-image-description=" fizkes/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-610×407.jpg” class=”aligncenter size-large wp-image-1737118″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_1408496255.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> We’re getting the feeling that Nikola Corp is going to be the biggest dumpster […]

Read More

GM Considers MORE Nikola Stock?

<img data-attachment-id="1730530" data-permalink="https://www.thetruthaboutcars.com/2020/08/gm-asks-court-to-reinstate-rico-suit-against-fca-claims-new-evidence/shutterstock_302976713/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713.jpg" data-orig-size="1000,589" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Renaissance Center General Motors HQ Detroit" data-image-description=" Phil K/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-450×265.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-610×359.jpg” class=”aligncenter size-large wp-image-1730530″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-610×359.jpg” alt width=”610″ height=”359″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-610×359.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-75×44.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-450×265.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-768×452.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713-120×71.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/08/shutterstock_302976713.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”>General Motors is understandably considering revisions to its deal with Nikola Corp following the […]

Read More

Nikola Delays World Conference, GM Stalls Partnership

<img data-attachment-id="1735326" data-permalink="https://www.thetruthaboutcars.com/2020/09/nikola-responds-to-criticisms-of-fraud/screenshot_2020-09-14-nikola-motor-company-nikola-world-2019-nikola-two-electric-semi-truck-demos1/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1.jpg" data-orig-size="3645,1865" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Nikola Motor Company – Nikola World 2019 Nikola Two Electric Semi Truck Demos(1)" data-image-description=" Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” class=”aligncenter size-large wp-image-1735326″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” alt width=”610″ height=”312″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-75×38.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-768×393.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-120×61.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Nikola Corp. has decided to reschedule the Nikola World […]

Read More

Nikola Founder Allegedly Purchased Semi Truck Design From Rimac Designer In 2015

According to a Financial Times report, Nikola founder Trevelor Milton purchased the original designs for his company’s flagship semi, the Nikola One, from a designer working at Rimac Automobili. The hydrogen-powered Nikola One also happens to be at the center of a design patent infringement lawsuit, which Nikola filed against Tesla back in 2018. The […]

Read More

The Nikola Scandal Is a Cautionary Tale About Green Tech’s Gauzy Promises

“There’s very few people that can out-Elon in this world and I’m one of them,” said Nikola Motor founder Trevor Milton earlier this summer. Milton’s 35 percent stake in the hydrogen-electric vehicle company—like Musk’s EV company, named for Nikola Tesla—made him extraordinarily rich when the company went public in June, its value shooting up to $27 billion. […]

Read More

Trevor Milton Steps Down From Nikola, Stock Sinks [UPDATED]

<img data-attachment-id="1724028" data-permalink="https://www.thetruthaboutcars.com/2020/06/nikolas-valuation-seems-crazy/nikola_tre_5/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5.jpg" data-orig-size="2750,1440" data-comments-opened="1" data-image-meta="{"aperture":"13","credit":"ALDO_FERRERO","camera":"NIKON D850","caption":"","created_timestamp":"1575025008","copyright":"ALDO_FERRERO_PHOTOGRAPHER_ITALY_TO","focal_length":"35","iso":"100","shutter_speed":"0.01","title":"","orientation":"1"}" data-image-title="nikola_tre_5" data-image-description=" Image: Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-450×236.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-610×319.jpg” class=”aligncenter wp-image-1724028 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-610×319.jpg” alt width=”610″ height=”319″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-610×319.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-75×39.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-450×236.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-768×402.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-120×63.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> It’s been a wild ride for Nikola, from being highly valued – perhaps overvalued – by Wall Street, to […]

Read More

Nikola Founder Steps Down, Former GM Exec Steve Girsky Is The New Chairman

Trevor Milton, the founder and executive chairman of electric truck maker Nikola, has stepped down in the wake of allegations from a short-seller that the company misled investors and automakers. In a statement released on September 20, Nikola Motor said Milton approached the board and proposed to voluntarily step aside. The company accepted his proposal […]

Read More

Justice Department And SEC Investigating Nikola Fraud Allegations

The U.S. Justice Department has joined the Securities and Exchange Commission (SEC) in examining allegations into Nikola. Just days after a bombshell report from short-seller Hindenburg Research labeled the EV startup as an “intricate fraud,” it has been revealed that the Justice Department’s Manhattan U.S. attorney’s office is investigating claims the company misled investors by […]

Read More

Nikola Responds to Criticisms of Fraud

<img data-attachment-id="1735326" data-permalink="https://www.thetruthaboutcars.com/2020/09/nikola-responds-to-criticisms-of-fraud/screenshot_2020-09-14-nikola-motor-company-nikola-world-2019-nikola-two-electric-semi-truck-demos1/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1.jpg" data-orig-size="3645,1865" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Nikola Motor Company – Nikola World 2019 Nikola Two Electric Semi Truck Demos(1)" data-image-description=" Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” class=”aligncenter size-large wp-image-1735326″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg” alt width=”610″ height=”312″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-610×312.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-75×38.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-450×230.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-768×393.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/09/Screenshot_2020-09-14-Nikola-Motor-Company-Nikola-World-2019-Nikola-Two-Electric-Semi-Truck-Demos1-120×61.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Following a scathing report from Hindenburg Research that called […]

Read More

Nikola Denies Claim It’s An “Intricate Fraud,” Threatens Legal Action Over Report

Tesla’s meteoric rise has spawned countless imitators and a number of eco-friendly companies are going public to capitalize on the trend. One of them is Nikola which went public earlier this year and is now worth billions. However, a report by Hindenburg Research claims Nikola is an “intricate fraud” which parlayed an “ocean of lies […]

Read More

Scathing Report Accuses Nikola of Fraud

<img data-attachment-id="1724028" data-permalink="https://www.thetruthaboutcars.com/2020/06/nikolas-valuation-seems-crazy/nikola_tre_5/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5.jpg" data-orig-size="2750,1440" data-comments-opened="1" data-image-meta="{"aperture":"13","credit":"ALDO_FERRERO","camera":"NIKON D850","caption":"","created_timestamp":"1575025008","copyright":"ALDO_FERRERO_PHOTOGRAPHER_ITALY_TO","focal_length":"35","iso":"100","shutter_speed":"0.01","title":"","orientation":"1"}" data-image-title="nikola_tre_5" data-image-description=" Image: Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-450×236.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-610×319.jpg” class=”aligncenter size-large wp-image-1724028″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-610×319.jpg” alt width=”610″ height=”319″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-610×319.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-75×39.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-450×236.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-768×402.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_tre_5-120×63.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> While we’ve suspected that electric vehicle startups and green tech, in general, is probably a little overvalued, we’ve never […]

Read More

GM Investing $2 Billion Into EV Startup Nikola

<img data-attachment-id="1724032" data-permalink="https://www.thetruthaboutcars.com/2020/06/nikolas-valuation-seems-crazy/nikola_badger_hero/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero.jpg" data-orig-size="2750,1440" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="nikola_badger_hero" data-image-description=" Image: Nikola ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-450×236.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-610×319.jpg” class=”aligncenter size-large wp-image-1724032″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-610×319.jpg” alt width=”610″ height=”319″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-610×319.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-75×39.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-450×236.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-768×402.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/nikola_badger_hero-120×63.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> General Motors announced it will be taking an 11-percent stake in Nikola on Tuesday. It even said it would be […]

Read More

GM Muses Spinning Off EV Operations to Better Court Investors

<img data-attachment-id="1723986" data-permalink="https://www.thetruthaboutcars.com/2020/06/general-motors-electrification-will-take-years-and-decades/1996-ev1/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1.jpg" data-orig-size="2968,1856" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"Contact","camera":"","caption":"1996 EV1. W96HV_EV001","created_timestamp":"0","copyright":"\u00a9 2008 General Motors","focal_length":"0","iso":"0","shutter_speed":"0","title":"1996 EV1","orientation":"1"}" data-image-title="1996 EV1 General Motors" data-image-description=" image: General Motors ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-450×281.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-610×381.jpg” class=”aligncenter size-large wp-image-1723986″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-610×381.jpg” alt width=”610″ height=”381″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-610×381.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-75×47.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-450×281.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-768×480.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/06/1996-GM-EV1-1-120×75.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> One of the strangest anomalies in the automotive industry is […]

Read More