 This is the next Tesla. What's up, money geeks? Mr. V here, welcome to another video, guys. So in today's video, we're gonna take a look at a company that is up and coming and is gunning for Tesla. I'm anticipating that this company is gonna be the next Tesla. They're gonna be competing with Tesla in the space of electric car manufacturing. But the only difference is these guys are not focusing on cars, because that's what Tesla started with, right? Tesla came in, said we're gonna change the car business when they do electric cars. These guys are coming in and scoped out and niche for themselves in the electric space. They are looking at semi-trucks and pickup trucks. That is the niche. This is awesome because currently there's no electric pickup trucks market in the United States. So if you can find a company that can manufacture pickup trucks that are electric, I bet you you are set for golden. And if you can get semi-trucks as electric, I think this is an awesome pick. So the name of this company is called Nicola Modos. They, I mean, I've had them on my radar for a long time and I mean, it's a startup company. They don't trade public yet. So they haven't gone public. So this is just a startup, but it's worth keeping an eye on. And the reason why I'm doing this video today is because not only do we get news this week that there is another company called Vector IQ, which is a holding company that's set up to help maybe take other startup companies to the market. So in the holding company that we are talking about here is called Vector IQ. Vector IQ is actually led by a former vice chair from General Modos. So this is somebody that has the experience with the big auto manufacturing. So if these two companies can merge Vector IQ and Nicola Modos and the merger has actually been approved. And if you can go through, let's say by June, this company is set to explode. Is it a risky buy? I think so. For every startup that you put your money into, you know for sure it's a very risky thing because we don't know how things are gonna turn out. As of right now, they have about 14,000 pre-orders, which 14,000 pre-orders, semi trucks and pickup trucks. And based on the numbers from what I'm reading online, that is kind of equivalent to about $10 billion in revenue. That is insane. This is even, they haven't even manufactured one pickup truck or one semi truck. So again, with higher risk comes higher reward. If you think about it, how many people thought Tesla would be where they are today? So if I can see a company that is coming in the market to compete with Tesla, but not a direct competition because they are going after pickup trucks and semi trucks and leaving the car space to Tesla, I think it's a really good company to take a look at. And here's one of the things that makes this company, in my opinion, a little bit different. They are not just producing electric cars. So they are producing pickup and semi trucks that are powered by batteries as well as hydrogen fuel cells. So Tesla only do batteries and these guys are taking it one step further. So it would be an interesting game to see here who gets to the finish line first. I know Tesla is actually right now working on manufacturing pickup trucks as well as semi trucks. But if these guys can get to the market before Tesla, who the race is on, this is gonna be super interesting. So the stock price for Vector IQ after the news of this merger came out is up 20% already. So this is something to keep an eye on. So if this merger goes through, I'm anticipating that that stock price is gonna go from maybe right now, which is trading at about $30, it would jump up to 40, 50, 60, even at $70, especially if by the time everything is gone, we have a vaccine for coronavirus as well as the economy gets back on track. Boy, this is setting up to be an excellent stock. But again, the risk here is really, really high because these guys, they haven't manufactured one truck or any product in the market yet. So they're not selling any physical product you can actually see. Right now they're selling the concept, but that is true for most companies, most startups, they sell concept. One other thing that I really think is super important is that they are not like pioneering. They're not breaking ground on anything because Tesla has already done it. All they're doing is just carving out a niche for themselves because talking about electric cars and the batteries, Tesla's done that already. So if they're coming and improving it, that's fine. And they're putting it in pickup trucks and in semi trucks, that is a really good niche that they can just go in there and just own that space and not have to step on toes with Tesla. So again, guys, this is one stock that I wanted to bring out to you guys. And thanks to one of my subscribers that actually reminded or pointed out to me that Vector IQ was in the process or looking at acquiring Nikola models. So I appreciate it. And again, guys, investing in startup is a very risky business. So if you don't feel comfortable with startups, you want to see them established, you can definitely sit back and wait. You might be able to make some money, but not as much as the people that took the risk upfront. So think about it, Tesla started when some people got into Tesla at $300, which they knew for sure it was an established company and it's up to about $800 now. If you look at it, Shopify started, some people got in at $200 and now it's up to about $700. So high risk, high reward, pretty much that's what I'm gonna say. So definitely check them out and let me know in the comment section. What do you think about this? Do you think it's just a big hype or hey, Mr. V, I don't think any company can necessarily make a semi truck that runs on a battery or hydrogen cell. Let me know in the comment section. And as always, guys, do your own research, do your homework before investing in any of these companies because you are your own boss. I'm not responsible for your choices. Like, share, subscribe. YouTube tells me that 90% of you guys watching haven't already subscribed to my channel. So if you can go ahead and hit that subscribe button and the notification bell, that definitely helps me a lot and helps the channel grow. And as always, stay motivated.