overheard on the Nikola ($NKLA) earnings call -- Tre gross margin expected to be -150% initially (yikes). they think they can drop the bill of materials by half in the first couple years, and another 25% in the year thereafter, maybe finally making positive gross margin...
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🤷🏻♀️ Retweeted ALEX
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Replying to @cryptosmiff @jordansmiff
i am glad someone recorded it. this was on the live stream. i was like are they burning out on purpose?
10:33 PM - 25 Feb 2021
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Very underwhelming acceleration