Nikola and Hydrogen Vehicles vs Tesla and Electric Vehicles

added 30.06.2020 19:27

by Brian Wang from nextbigfuture.com

Nikola is forecasting zero revenue for 2020 and its first $1 billion year in 2023.

It will cost $114 to fuel a Nikola semi truck vs $20 to charge a Tesla Semi if they both can access 2 cent per kwh electricity.

Cheap hydrogen means availability of abundant cheap electricity tied to solar and wind.

75-85% of the cost of hydrogen is for the electricity to produce it.

Tesla is making over $20B every year in car revenue from delivered cars and is growing at over 50% every year an its auto margin is over 25%.