$NKLA they're leaving themselves little time to get a GM deal done before the December lockups end. All roads lead to $0, the GM deal is inherently bad but it maintains a pretence they are actually going to produce something (uncompetitive, capital destructive, DoA) and is needed for the fake market hype of RH dummies to pretend this has a future - until December at least. I still think it more likely that something will get announced, to lift SP and enable an averaging-up for shorts (and an escape for smarter retails), its now just a question of how long this takes to die. No GM deal -> december; GM deal -> after a bump, half dumped in December then 6/9 months of slow bleed, with dips on SEC/DoJ news, into obscurity.
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