Should You Buy Nikola Motor Stock (NKLA)?



What is Nikola Motor?
Nikola Corporation is an American hybrid truck design and manufacture company based in Phoenix, Arizona, where it also has its research and development operations. It was founded in 2014 in Salt Lake City, Utah. The company is named after inventor Nikola Tesla.

Nikola Corperation is one of the most trendy stocks for the month of June since its merger with VTIQ. It is great to see that so many traders have made so much money trading NKLA & VTIQ but now as it approaches a 30 billion dollar market cap valuation. Is NKLA over valued and is it still a good buy?

This Company is Overvalued
1) No revenue
2) No commitment on pre-orders
3) Worth more then companies with SALES

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