[THREAD] https://abs.twimg.com/emoji/v2/... draggable="false" alt="⛔️" title="Nicht betreten" aria-label="Emoji: Nicht betreten"> Analyzing Trevor Milton& #39;s Claims https://abs.twimg.com/emoji/v2/... draggable="false" alt="⛔️" title="Nicht betreten" aria-label="Emoji: Nicht betreten">

August 18, 2020 | Tour of Nikola HQ
Re: Funding

Claim: If Nikola had the same level of funding that Tesla had, Trevor Milton would maybe have done more engineering & manufacturing in-house instead of outsourcing it all

$NKLA

2/

According to the History of Tesla, Inc.& #39;s Wikipedia:

$187 million (2003 to Jan. 2009)
$50 million (May 2009, Daimler)
$465 million (Jun. 2009, DOE loan)
$226 million (Jun. 2010, IPO)

TOTAL = $0.93 billion

$NKLA

3/

According to Nikola& #39;s SEC filings & reports:

$526 million (2014 to 2020)
$940 million (Jun. 2020, SPAC reverse merger)

TOTAL = $1.47 billion (58% more capital than Tesla)

$NKLA

4/

Is anything that comes out of Trevor Milton& #39;s mouth true?

$NKLA