This company is a joke for a while. Take a look at the fundamentals, what it's built on, what technology it has (there is None), its financials and reputation. The only value the company has is its brand, but from a good brand in some people eyes (for no good reason, just hogwash) (I've never seen it as a good brand personally) it has already started to turn into a symbol of public market stupidity and fraud from various parties involved directly and indirectly (stakeholders and their influence). There is 5% good ideas and people and 95% baloney. Media treats the company as if it and it's CEO has been doing not much wrong, this is completely and utterly ridiculous.
I just popped onto the NKLA chart, to check if there was some kinda crazy "buy" rating on the stock & was pleased to see a "strong sell", but what with the price remaining at ~23 & weirdly rising, I wonder if we are witnessing a concerted effort by the multiple stakeholders (who are tied-into the NKLA stock & cannot sell before 2020-12-21) just keeping their mouths shut, or worse, releasing false/misleadingly positive "news" about the company/stock, in order to preserve some of their cash, by inflating the price, until they can dump it on anyone stupid enough to buy it. Is any of this a crime?