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NKLA Nikola Corporation - the new Tesla?

Long
NASDAQ:NKLA   NIKOLA CORPORATION
If the fuel of future cars will be hydrogen, then Nikola is already there, offering long miles hydrogen electric powertrains.
Nikola Motor Company is a pioneer in electric heavy duty applications. Nikola offers both pure electric and also hydrogen electric powertrains.
Nikola Badger EV pickup will debut at Nikola World 2020 in December offering 0-60 MPH in 2.9 Seconds and a Range of 600 Miles, 906 HP , 980 ft . lbs . of torque, 15 kilowatt power export with 220V and 110V.
Even though the Market Capitalization of 19.575B is high, investors continue to bet on the growth potential of electric transportation.
On 6/17/2020 Cowen brokerage Initiated Coverage to Outperform and put the target price at $79.00.
The indicators show a buy signal on most of the timeframes.

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