Stock price heading to its real value ---- 2.34 USD

384 M shares, 900 M USD - cash balance -------> 900 M / 384 M = 2.34 USD !
Nikola:

• no sales
  
• no strategic investor
  
• no factory
  
• no "material" prototype
  

So once the stock is below 2 USD, perhaps, you can consider to buy it.

Order cancelled:

160 M stocks were not directly sold after the expiration of lockup.

Comment:

so perhaps they will start looking for other financing and the stocks can go up, contrary to any logical thinking.