In a week where Tesla Motors briefly became the most valuable automaker on the planet, the new kid on the EV block — Nikola Motors — has stolen the limelight. How has this company captured a $25 billion market cap despite making $0 in sales so far?
In this episode, we also discuss:
- The reasons why the stock market doesn't reflect economic realities in the U.S. at the minute.
- Why bankrupt companies like Hertz are popping more than 800%.
- The latest updates on Stitch Fix.
- And how much cash you should keep in reserve in your portfolio.
Plus, don’t miss out on the brand new stock that’s being added to MyWallSt shortlist on Monday, June 15. Sign up for your free trial here — https://www.media.mywallst.com/desktop
MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.