[skinnymuch]

Your post is very biased and imo misleading.

Nikola is worth close to $13B right now. It’s a bit above $12B. Why mention August 2020? You mention the recent stock drop cause of fraud allegations, but leave out that it is still at that market cap because it rose 49% earlier in the week when GM invested $2B for an 11% stake and is partnering with them still.

Your Uber valuation numbers are misleading as well. Uber was worth below $45B for a short 4 weeks in mid March to mid April when much of the stock market was down. Otherwise in the past 1.5 years it has actually been between $45B and $80B.

None of this changes anything. I don’t see why the numbers and data need to be presented slanted.

[dmitriid]

> Nikola is worth close to $13B right now.

This worth is based on what exactly?

> Why mention August 2020?

That was their most recent valuation.

> Your Uber valuation numbers are misleading as well. Uber was worth

You concentrate on numbers in my post and completely miss the point of my post. Uber has lost 20 billion dollars in 11 years of its existence, it has never turned a profit, warned its investors it would probably never turn a profit. It would fold within a day without unlimited investor money. They needed to burn through at least 22.5 million dollars a day in 2019 just to stay afloat. In what world is such a business worth anything but 0 dollars?

> None of this changes anything. I don’t see why the numbers and data need to be presented slanted.

There's nothing slanted in my presentation of data and numbers.

[skinnymuch]

How was Nikola last valued in August? They’re public.

What are you basing the worth and values on? It appears we both were using value/worth to talk about market cap.

How is there nothing slanted about the numbers when the Uber Market cap numbers aren’t correct? You’re lowballing it. And still seeing what you meant by Nikola August valuation being the last time.