fj12ryder wrote:
Dadoffourgirls wrote:
The announcement was not marketing hype. The announcement was a business transaction (strategic partnership) announcing that one business was buying service/product from another. Investors see this as positive, and react with purchasing stock.
Last week, GM and Honda announced they have signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance.
Today, GM announced that the Ultium battery – the power source behind GM’s future EV portfolio - will feature an almost completely wireless battery management system, or wBMS.
I think I see a GMC Hummer soon!
And just a coincidence that the stock of both companies, Nikola especially, took a big jump? And a company that doesn't even have a real product? Nikola I mean.
Not marketing hype, riiiiiiiight. Wink wink, nudge nudge.
You know what they say
Suckers born every minute,
I feel sorry for all investing money in NKLA bc they will lose it all.
Trevor Milton is a scammer extraordinare his vid of pretending to break ground on a factory in Az proves it as its still empty field now
Btw he also sold milions of Nikola stocks bought a private jet and built biggest house on huge acreage.
Why not invest that into EV factory!?
GM will never make any fool cell trucks,
its just isnt financialy feasible,profitable practical,they will just keep on postponing and make up all kinds of promises while pushing gasoline and diesels.
