Connect with us

News

Nikola unveils five new zero-emissions vehicles at Nikola World 2019 event

Nikola Motor unveils 5 new products at Nikola World 2019 event. | Credit: Dacia Ferris/Teslarati

Published

on

Nikola Motors unveiled its Nikola Two and Nikola Tre hydrogen-electric semi trucks along with three other new emissions-free transportation products at its Nikola World 2019 event. The company’s core mission is to rid the transportation industry of its reliance on diesel fuel, and their primary path to that future is via advanced hydrogen fuel cell technology.

Trevor Milton, CEO and founder of Nikola, kicked off the event by arriving onstage with the iconic Budweiser Clydesdales. Annheuser-Busch has ordered 800 trucks from Nikola as part of the iconic beer brewing company’s sustainability mission. “I cannot wait to see your truck pull a load of Budweiser,” Ingrid De Ryck, VP of Procurement and Sustainability for Annheuser exclaimed later in the evening’s presentation.

Advertisement

Nikola is arguably best known for its upcoming zero emission semi trucks; however, the Arizona-based startup has been simultaneously developing products for both the military and outdoor adventure crowd.

The first new product unveiled at Nikola World 2019 was the Nikola Reckless, a military all-terrain vehicle designed for superior performance and stealth thanks to its minuscule sound and heat signature. High-end specs are an expected given for this type of tailored vehicle, of which the Reckless undoubtedly has, but an additional perk described in the company’s presentation was the ATV’s 13” Infotainment screen which can be completely submerged without being damaged. The Reckless is also modular to enable a broad-range of military applications. “We believe all military vehicles will transform to battery electric and hydrogen fuel cells in the future,” Andrew Christian, NP of Business Development and Defense at Nikola’s Powersports division stated during the presentation.

The second product unveiled at Nikola’s event extended the company’s coined hashtag ‘#emissionsgameover’ beyond land transporatation. The Nikola Water Adventure Vehicle (WAV) is an all-electric jet-ski styled personal watercraft featuring an innovative platform. In comparison to electric vehicle “skateboard” architectures, the Nikola WAV will have a “wakeboard” architecture from which other watercraft can be developed.

The Nikola WAV, all-electric watercraft. | Credit: Nikola
The Nikola Reckless military all-terrain vehicle. | Credit: Nikola

The final product presented before the main semi truck attractions took stage was a redesigned version of the Nikola NZT Off-Highway Vehicle (OHV). NZT stands for “Net Zero Toll”, meaning the vehicle leaves zero footprint wherever it’s used. The flagship Powersports vehicle is meant to change its entire relative industry towards an emissions-free, near noise-pollution-free-direction.

Finally, the Nikola Two and Europe-bound Nikola Tre Class 8 semi trucks were unveiled, all rolling out onto the stage and floor, respectively. Two Nikola Two big rigs were debuted – one red, one in “Storm Trooper” white. “This is 800V of real…I’ve been preparing for this moment my whole life,” Milton stated prior to the Nikola Two roll out. The trucks at the event were hydrogen electric versions. Once in production, however, battery-only electric versions of the two semis will also be available for purchase.

Advertisement
Nikola Motor CEO Trevor Milton has a candid moment before unveiling the Nikola Two at the Nikola World 2019 event. | Photo: Dacia Ferris/Teslarati
The Nikola Two hydrogen electric semi truck unveiled at the Nikola World 2019 event. | Photo: Dacia Ferris/Teslarati

The second day of Nikola World 2019 will have breakout sessions providing more details on the products revealed along with a demo track where the Nikola Two will be on display. Test ride-alongs will also be given for the NZT on a closed course track.

Follow @Teslarati for more behind-the-scenes coverage of day two of Nikola World 2019.

Advertisement

Watch the full live streamed Nikola World 2019 event below:

https://www.youtube.com/watch?v=2Dc8J3iSLw4

Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

Advertisement
Comments

News

SpaceX soars with its first launch as a public company, marking a new era

Published

on

Credit: SpaceX

SpaceX executed its first Falcon 9 launch since going public on June 15, a routine yet symbolically powerful Starlink mission from Vandenberg Space Force Base in California.

Liftoff of the Falcon 9 booster B1093, on its 14th flight, occurred at approximately 8:34 a.m. PDT from Space Launch Complex 4E (SLC-4E), deploying 24 Starlink V2 Mini Optimized satellites into low-Earth orbit.

The first stage successfully landed on the droneship “Of Course I Still Love You” in the Pacific Ocean, underscoring the company’s unmatched reusability track record.

This mission comes just three days after SpaceX’s historic IPO on June 12, which shattered records as the largest ever. The company raised $75 billion by pricing shares at $135, with trading under ticker SPCX on Nasdaq opening at $150 and closing at $160.95—a 19 percent gain—valuing SpaceX at over $2.1 trillion.

The launch highlights the seamless transition from private innovator to public powerhouse. SpaceX, founded in 2002, has revolutionized access to space with over 650 Falcon 9 flights and a massive Starlink constellation now serving millions globally.

As a public company, it faces new pressures: quarterly earnings, shareholder scrutiny, and expectations to accelerate Starship development for Mars ambitions and deeper NASA partnerships. Yet the market response signals strong confidence in its dominance, as launch costs are slashed by 95 percent, rapid satellite deployment, and a backlog of government and commercial contracts.

Advertisement

SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach

Analysts view today’s flight as business as usual, but it carries extra weight. With shares volatile in early trading days, successful operations reassure investors that core capabilities remain unaffected by public status.

SpaceX now operates under heightened transparency, potentially unlocking capital for ambitious goals like Starship orbital tests and global broadband expansion.

Challenges loom, including regulatory hurdles for megaconstellations, competition in reusable rockets, and orbital debris concerns. Nevertheless, this morning’s flawless execution reinforces SpaceX’s trajectory.

Advertisement

As Musk often notes, the company’s mission—to make humanity multiplanetary—now aligns with Wall Street’s growth demands. The stars, it seems, are aligning for both.

Continue Reading

Investor's Corner

Musk’s biggest bettor Ron Baron reveals massive SpaceX IPO bet

Published

on

Ron Baron on Tesla stock

Renowned investor Ron Baron, founder and CEO of Baron Capital, has once again demonstrated his unwavering faith in Elon Musk’s ventures.

Just after SpaceX’s record-breaking IPO, Baron announced he purchased an additional $1 billion in SpaceX (NASDAQ: SPCX) shares. This move pushes Baron Capital’s total holdings in the company to a staggering $25 billion in market value, underscoring one of the most successful private-to-public investment stories in recent history.

Baron’s relationship with SpaceX dates back to 2017, when his firm began investing approximately $1.75–2 billion through secondary markets and employee tender offers at valuations around $20–22 billion.

By the time of the IPO, which valued SpaceX at over $2 trillion with shares closing near $161, those early stakes had generated more than $13 billion in unrealized gains. Post-IPO, Baron’s position ballooned further, reflecting the company’s meteoric rise driven by reusable rocketry, Starlink’s global satellite internet constellation, Starshield defense applications, and ambitious plans for orbital infrastructure.

Advertisement

In a recent interview, Baron articulated his bullish outlook with characteristic enthusiasm.

Advertisement

“I think we’re going to make hundreds of billions of dollars,” he stated, emphasizing that SpaceX’s achievements in rocketry and satellite technology are “not possible for anyone else to accomplish.” He envisions the company as a cornerstone of humanity’s multi-planetary future, potentially reaching valuations of $10–30 trillion within 10–15 years.

Baron has repeatedly affirmed he has no plans to sell, viewing SpaceX as a “lifetime investment” alongside Tesla.

Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA

This conviction stems from SpaceX’s unparalleled execution. The company has revolutionized access to space with Falcon 9 reusability, deployed thousands of Starlink satellites, and is advancing Starship for Mars missions and point-to-point Earth transport.

Advertisement

Baron highlights emerging opportunities like space-based AI data centers and direct-to-cell satellite connectivity, positioning SpaceX at the forefront of a new space economy projected to generate trillions in value.

Critics may question the lofty projections amid high valuations and execution risks, but Baron’s track record speaks volumes. His Tesla holdings, initiated in the mid-2010s, have also delivered outsized returns. As one of the largest institutional holders of SpaceX pre-IPO, Baron Capital’s funds, such as Baron Partners, benefited immensely from valuation markups.

Baron’s $1 billion IPO purchase signals deep confidence in SpaceX’s post-IPO trajectory. In an era of short-term market noise, his strategy exemplifies patient capital: backing visionary leadership and transformative technology.

For investors watching the space sector, it serves as a powerful endorsement that the final frontier may indeed yield the next great wealth-creation engine. As Baron puts it, SpaceX isn’t just building rockets—it’s trying to “save humanity” by expanding our horizons beyond Earth.

Advertisement
Continue Reading

News

SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach

Published

on

starlink-1-4-billion-revenue-spacex

SpaceX and Tesla, the two flagship companies under Elon Musk’s leadership, share a commitment to groundbreaking technology yet pursue dramatically different paths in how they connect with customers.

Tesla has built its brand through a philosophy of minimal traditional advertising, trusting that exceptional products will generate their own momentum.

SpaceX, by contrast, has embraced high-visibility paid advertising for its Starlink satellite internet service, placing prominent spots during major live sporting events such as the Super Bowl and the recent UFC Freedom 250. This divergence highlights how each company tailors its marketing to the unique demands of its products and target markets.

Tesla’s approach stems directly from Musk’s long-held conviction that superior engineering sells itself. Musk has repeatedly explained that the company redirects resources into research and development rather than endorsements or television commercials.

Advertisement

Tesla’s growth has relied instead on organic channels: enthusiastic owner referrals, viral product reveals like the Cybertruck, extensive media coverage of launches and achievements, and the sheer visibility of its vehicles on roads everywhere.

Even as the company has tested more social media promotions in response to fluctuating demand, its overall strategy remains restrained and digital-focused compared to legacy automakers that pour hundreds of millions into marketing annually.

SpaceX has taken a more assertive route with Starlink to drive widespread consumer awareness. In February of this year, SpaceX aired its first-ever Super Bowl advertisement, marking the initial time any Musk-led enterprise invested in the massive event.

The thirty-second spot emphasized fast and affordable internet available nearly anywhere on the planet, blending inspiring footage of Falcon 9 and Starship landings with narration drawn from science fiction visionary Arthur C. Clarke. United Airlines complemented this with its own Super Bowl commercial showcasing Starlink-enabled high-speed Wi-Fi on flights.

Advertisement

But that is not all SpaceX has done to get word out about its internet service.

Just last night, Starlink branding appeared prominently on the octagon and during the broadcast of UFC Freedom 250, the high-profile event staged on the White House South Lawn. These placements represent a strategic investment in reaching massive, engaged audiences.

Advertisement

The rationale behind SpaceX’s advertising push lies in Starlink’s distinct position as a consumer broadband service. Unlike Tesla’s visually striking cars that act as mobile billboards for early-adopter enthusiasts, Starlink must overcome awareness gaps in rural, remote, and mobile markets where traditional internet infrastructure falls short.

Starlink now serves as SpaceX’s leading revenue generator, with ambitions tied to future growth and potential public offerings. Targeted advertising during sports broadcasts efficiently demonstrates real-world reliability for applications ranging from home connectivity to aviation and live event broadcasting.

Advertisement

Partnerships with airlines and mobile providers further extend its reach, while high-profile placements help convert curiosity into subscriptions amid competition and regulatory considerations.

Ultimately, these contrasting strategies reflect the different maturity levels and competitive landscapes each business navigates. Tesla benefits from built-in visibility and a passionate community that amplifies its message at little cost.

Starlink, operating in the more fragmented broadband sector, requires deliberate efforts to educate and attract mainstream users. By leveraging the spectacle of major sporting events where Tesla once declined to participate, SpaceX is accelerating Starlink toward global ubiquity.

This flexibility underscores a key lesson: even the most innovative companies must adapt their tactics to the practical realities of their markets and customer acquisition challenges.

Advertisement
Continue Reading