Nikola is down over 99%...i am gambling now

Nikola Corporation (NKLA) is an American zero-emissions vehicle manufacturer. The company was founded in 2014 by Trevor Milton, and is headquartered in Phoenix, Arizona.

Nikola has been developing a range of electric trucks and fuel cell-powered semi-trucks. The company's first product, the Nikola Tre, is expected to be released in 2023.

Nikola has been the subject of controversy in recent years. In 2020, the company was accused of making false claims about its technology. The company's founder, Trevor Milton, resigned in September 2020.

Despite the controversy, Nikola has continued to develop its products. The company has also announced partnerships with several major companies, including General Motors and CNH Industrial.

I am not a financial advisor, and this is not financial advice. However, I believe that Nikola is a risky investment. The company has a history of making false claims, and it is still in the early stages of development. I would not recommend investing in Nikola at this time.

Here are some of the risks to consider before investing in Nikola:

History of making false claims: Nikola has been accused of making false claims about its technology in the past. This could damage the company's reputation and make it difficult to attract investors.
Early stage of development: Nikola is still in the early stages of development. This means that there is a lot of uncertainty about the company's future.
Competition: Nikola faces competition from other electric vehicle manufacturers, such as Tesla and Rivian.
Regulatory risk: Nikola is subject to regulatory risk. Changes in regulations could impact the company's business.
Investors should carefully consider these risks before investing in Nikola.