I interview equipment leasing and freight transportation, trucking, and fuel expert Jeff Whitcomb. We talk about the basics of the trucking industry in America, how much different types of trucks cost, the companies involved, Nikola's chances of disrupting the industry, and how the valuation looks now. He even goes deep into Diesel vs Compressed Natural Gas (CNG) vs Hydrogen! I hope this is helpful for all of you investing in Nikola (NKLA) long term! It looks like Hyliion (SHLL) is coming to market with hybrid Diesel and CNG trucks too, so this video is helpful for those of you looking into that stock too!
Connect with Jeff here! https://www.linkedin.com/in/jeff-whitcomb-828159/
Background of Nikola and Hydrogen: 2:51
Trucking vs consumer car markets: 5:35
Fuel Types! Natural Gas vs Diesel vs Hydrogen: 8:30
How does the trucking industry work? 11:08
Natural Gas & Hydrogen trucks have more weight! 22:42
Comparing cost-effectiveness of the solutions! 27:13
Subaru plant case study: 38:31 Importance of fueling network! 39:49
How big did Natural Gas trucks get? 42:13 What is the market worth? 43:55
Nikola trucks are expensive! 48:22
Why I wouldn't hold the stock long term: 51:53
What's it going to take for Nikola to build the network? 1:00:00
Why are big companies partnering with Nikola? 1:17:39
If you want to go deeper with all my excel spreadsheets, news, analysis, education, and community, join our ROI Connect group at: https://acouplecents.com/
Continue to convo in other ways!
YouTube: https://www.youtube.com/channel/UCxwoFvCK8RCq9J4RbIW2qrQ/
YouTube Clips: https://www.youtube.com/channel/UCvcBYWClo5Y9y5AAK2FZ_tQ/
TikTok: https://www.tiktok.com/@acouplecents
Podcast: "A Couple Cents"
Instagram: https://www.instagram.com/acouplecents/
Twitter: https://twitter.com/acouplecents Website: https://acouplecents.com/