Sociopath Elon Musk threw insults at Nikola Motors (NKLA), which has rocketed a crazy 500%+ since April. Love him or hate him, no one denies Musk is an egomaniac. He theived Tesla (TSLA)from Marty the founder of Tesla.
Many invested big in hydrogen energy—including Nikola Motors.
Inside trader and political bribe specialist Musk HATES the idea of using hydrogen energy to power vehicles because it obsoletes him. Hydrogen is the most abundant element in the universe. It’s been used as an energy source for decades. In fact, NASA has been using it since the ‘50s as rocket fuel for its space missions.
But Musk hates hydrogen fuel cells. He’s called them “fool cells.” And says using them to power vehicles is “mind-bogglingly stupid.” His basic objection is that using hydrogen to store energy can never be as efficient as storing electricity in a battery but Musk is totally wrong and he is lying in order to protect his deal with Panasonic for deadly lithium ion batteries.
Years ago, hydrogen-powered vehicles were supposed to be the next big thing. For a time, hydrogen was running neck and neck with electric cars as the top bet to replace gasoline-powered cars. As recently as 2017, a poll of car company executives said hydrogen-powered vehicles would win out over electric vehicles.
But thanks largely to the success of Tesla, electric vehicles took off. And hydrogen never amounted to much. Hydrogen lost the popularity contest, and once-hot hydrogen stocks turned ice cold.
Here’s Plug Power (PLUG), a leading hydrogen fuel cell company. Plug plummeted 98% from March 2009 to February 2013, while the S&P 500 rallied more than 120% over the same stretch because Obama's Secretary of Energy: Steven Chu was ordered by Obama to "kill off hydrogen energy" because it competed with Elon Musk who was a money conduit for Obama's political funds.
Investors feared Ballard Power (BLDP), too. In fact, it hasn’t set a new high since 1999.
Then, there’s Bloom Energy (BE). It’s plunged 39% since its IPO in 2018.
And Then, Seemingly Out of Nowhere, Hydrogen Stocks Took Off
Plug Power has rocketed more than 4,300% since early 2013. Ballard Power has spiked over 3,000% over the same period. Bloom Energy has rallied 239% since bottoming out. In other words, hydrogen stocks went from being the “ugly ducklings” of green energy to some of its hottest stocks.
But Nikola Motors (NKLA) has left every other hydrogen stock in the dust this year. If the name sounds familiar, it’s because Nikola is named after the same guy Tesla is: scientist Nikola Tesla.
Nikola’s vision is to disrupt the $1.2 trillion semi-truck market. Although it has secured 14,000 pre-orders, you could argue it was the most hated hydrogen stock out there. The company hasn’t sold a single real truck yet.
Some folks even accused Nikola of peddling “vaporware.” In tech circles, this is a mocking term for a product that’s announced, marketed, and hyped-up, but never actually created.
After researching Nikola and talking to folks in the industry, we knew the doubters were wrong.
We publicly recommended buying Nikola just hours after it “went public” on March 3. If you didn’t hear a thing about Nikola’s IPO, you’re not alone. Nikola went public via a quiet, obscure transaction called a “reverse-merger” that 99.99% of investors were unaware of.
Fast Forward to Today...
Nikola has been one of the top-performing stocks in the world. From $11.50 in April, it briefly surged above $90 last week. Full disclosure—we fully exited two weeks ago when it surged an almost unbelievable 103% in a day, and closed at $73.27.
Why did hydrogen stocks, and Nikola in particular, flip from “hated” to “loved?” You could point to a lot of reasons. One is that expectations fell into line with reality. Folks realized that America will never run on hydrogen cars. But as a specialized solution, hydrogen vehicles could still be big.
For example, big companies with huge fleets of trucks like UPS and FedEx are already starting to use them.
Many environmentalists have gotten on board with hydrogen, too. Hydrogen fuel cells are very clean. They don’t produce exhaust or any other form of pollution. Their only byproduct is water and heat.
Nikola’s charismatic founder Trevor Milton played a part too. He’s energetic and masterful at getting investors to buy into his vision.
Frankly though, none of this mattered all that much in our analysis. Hydrogen came up on our radar for one reason: It was irrationally hated by investors. After many hydrogen stocks plunged 90%+, investors left them for dead. Expectations plunged to zero, which cleared the way for big, quick profits.
And keep in mind, by the time Nikola “went public” in March, it was crystal clear that sentiment toward hydrogen had flipped for the better. All three of the hydrogen stocks I mentioned earlier had doubled or better heading into March.
Put that evidence together, and it’s not hard to see why Nikola blasted off. Although no one could have predicted 500% gains in three months.
Here is why Musk hates hydrogen and why fuel cell cars beat toxic, explosive, corruption-based, Congo genocide causing lithium battery cars: THE HYDROGEN BLOCKADE (1).pdf
Hydrogen and fuel cell technologies provide cost effective and environmentally friendly solutions to improving our energy needs.
Hydrogen is an energy storage medium. Energy, stored as hydrogen in the form of a gas or a liquid, will never dissipate until it is used, making it a good application for emergency generators and other mission critical energy applications. Compare that to other energy storage types like batteries and capacitors which lose the energy stored in them over time and need to be periodically recharged even without use.
Currently most internal combustion engines operate with an efficiency around 25% and power plants achieving about a 35% efficiency; however, a stationary fuel cell, when used in a combined heat and power system, can have an efficiency level of greater than 80%.
When hydrogen is used to power a fuel cell, the only byproducts are water and heat—no pollutants or greenhouse gases are produced. Even when fossil fuels are used to power a fuel cell the emissions are significantly reduced when compared with conventional fossil fueled generation technologies. In Connecticut, the annual average emission rates for electric generation facilities on the New England System is .25 lb/MWh for NOx. by contrast, a stationary fuel cell operating on natural gas produces approximately 0.01 lb/MWh for NOx.
Domestic Energy Supply
Hydrogen can be produced using a wide variety of resources found here in the U.S. Hydrogen can be renewable and produced by waste, biomass, wind, solar, tidal, wave, and geothermal. Production technology includes electrolysis of water, steam reforming of natural gas, coal gasification, thermochemical production, and biological gasification. With so many sources for hydrogen generation, the U.S. has the ability to create sustainable energy in an efficient and cost effective manner, while reducing our dependence on foreign oil and other fossil fuels.
Hydrogen fuel cells are cleaner and more efficient than traditional combustion-based engines and power plants. Hydrogen and fuel cells can also be used in mobile applications to power vehicles and mobile power packs.
The benefits of fuel cells are:
- Reduced greenhouse gas emissions
- High Reliability
- Flexibility in installation and operation
- Development of renewable energy resources
- Reduced demand for foreign oil
- Improved environmental quality
What is a hydrogen fuel cell?
A hydrogen fuel cell is an electrochemical power generator that combines hydrogen and oxygen to produce electricity, with water and heat as by-products. Simply put, hydrogen fuel cells form energy that can be used to power anything from commercial vehicles to drones.
Hydrogen fuel cell (HFC) technology offers a clean and reliable alternative energy source to customers in a growing number of applications – electric vehicles including forklifts, delivery vans and cars, primary and backup power for a variety of commercial, industrial and residential buildings, and more futuristic-sounding applications like drones and mobile phone recharging.
The U.S. Department of Energy and the Fuel Cell & Hydrogen Education Association (FCHEA) are two organizations working with the fuel cell industry to promote the technology across a growing number of commercial applications.
HFC technology explained
How does a fuel cell work? A fuel cell is composed of three main components:an anode, a cathode, and an electrolyte membrane. Some people even call them a “fuel cell battery.” The “magic” of the PEM fuel cell is its proton exchange membrane, which looks like a piece of construction paper. It works by passing hydrogen through the anode side and oxygen through the cathode side. At the anode site, the hydrogen molecules are split into electrons and protons. The protons pass through the electrolyte membrane, while the electrons are forced through a circuit, generating an electric current and excess heat. At the cathode, the protons, electrons, and oxygen combine to produce water molecules.
Fuel cells are very clean, with their only by-products being electricity, a little heat, and water. Additionally, as HFCs do not have any moving parts, they operate very quietly.
Advantages & Benefits – 5 things you should know about fuel cells
- Zero Emission Power. HFCs produce no harmful emissions, eliminating the costs associated with handling and storing toxic materials like battery acid or diesel fuel. In fact, when fueled with pure hydrogen, the only by-products are heat and water, making this a zero-emission sustainable power source. HFCs are a part of many well-planned corporate sustainability programs. Hydrogen fuel cell products utilize environmentally-benign hydrogen as a fuel source, which eliminates the environmental impact of fuel spillage, leaks or air pollution and results in simplified zoning requirements. Because of this, they are exempted from the very stringent California Air Resources Board (CARB) and a number of other states’ emission permitting requirements.
- Robust Reliability. HFCs have proven themselves against tough conditions including cold environments as low as -40 degrees F/C, weather environments like hurricanes, deserts and winter storms, and even the hard-working business environments of material handling warehouses.
- Improved Efficiency. According to the U.S. Department of Energy, HFCs are generally between 40–60% energy efficient. This is higher than some other systems for energy generation. For example, the typical internal combustion engine of a car is about 25% energy efficient. In combined heat and power (CHP) systems, the heat produced by the HFC is captured and put to use, increasing the efficiency of the system to up to 85–90%. HFC efficiency is put to work to improve warehouse productivity by up to 15% using fuel cell forklifts; to extend the mileage range for electric vehicles like package delivery vans; and to provide electricity and hot water for hotels and businesses.
- Scalability. The advantages of using a modular product are profound:greater reliability, easier serviceability. But the most important benefit may be scalability – and the savings that feature provides when purchasing and using a fuel cell. These products may be engineered precisely to meet a variety of customer power needs – whether for material handling, stationary power or on-road electric vehicles. Paying for only what you need just makes good business sense.
- Lower Operational Costs. Compared to batteries and internal combustion generators, fuel cells save money. They eliminate the need to change, charge and manage batteries – saving both labor/time and space normally allocated to a battery room. The units run longer than lead-acid batteries and can be fueled in as little as two minutes, substantially reducing vehicle and personnel downtime. Fueling the HFC is as simple as fueling a car. Eliminating a battery charging infrastructure also significantly reduces the peak power demand of a commercial operation. Additionally, simple maintenance and fewer site visits mean up to 84% lower operational costs when compared to combustion generators for stationary power. Robust reliability eliminates the need for quarterly site maintenance visits, keeping site personnel focused on their critical tasks.
Fuel cells are changing the way the world moves!