Online students/Faculties can connect to redressal officer via mail and phone.
The grievance will be addressed within 24 hrs and incase it is not done, the grievance can be escalated to the Director.
Students and Faculties can give feedback online via mail mentioned here.
Redressal Officer
Ph. No. : 9422775388
Email ID: webmailibmr@gmail.com
Until recently, the US company Nikola Motors was considered the new Tesla, but for trucks. The company focuses on trucks with environmentally friendly fuel cell drive systems. The Nikola share also developed very positively at first. In June 2020, the shares rose by over 200%. Just as quickly, however, it went down again after several critical reports were published about the company. One feels strongly reminded of the Wirecard scandal at the moment. In the following, we will therefore discuss how investors should currently behave. We will also present interesting alternatives to the Nikola share.
Nikola Motors is a company that was founded in 2014 in Salt Lake City, USA. As mentioned earlier, the company develops fuel cell powered trucks. Until recently, Nikola Motors seemed to be a very successful start-up company. For example, it was able to enter into a cooperation with Bosch: It is planned that the German manufacturer will produce the fuel cells for Nikola Motors.
The order books are also said to be well filled: Anheuser Busch alone has ordered 800 trucks. The brewing company owns, for example, the well-known Budweiser brand. In total, there are said to be more than 14,000 pre-orders. However, the first deliveries are not planned until 2021.
As mentioned, however, dark clouds have meanwhile gathered over the company. There are reports of fraudulent activities. So far, the company has not been able to refute these accusations, or only insufficiently. For this reason, the company's share price has fallen sharply in recent weeks and months. Overall, many investors seem to be taking advantage of the opportunity to short the company's shares, as further price losses are expected.
As an investor, you have various possibilities to trade with shares. For example, more and more private investors have been using CFD brokers for some years now. The advantage here is that you can not only go long, but also short. This fact gains relevance in the present case, as it can be a lucrative strategy to go short on Nikola's start-up shares.
In addition, trading with CFDs offers the advantage that you are provided with leverage by your broker. In this way, the capital required for trading is reduced. Here is an example:
We assume that the shares of Nikola are quoted at a price of 20 US dollars. When trading without leverage, you need 20 US dollars to trade Nikola shares in this case. If, on the other hand, you use a leverage of 5 to 1, the required capital is reduced to only 4 US dollars.
With a capital of 500 US dollars, one could therefore trade not only 25 Nikola shares, but 125, thanks to the leverage. In addition, with a CFD broker https://exness-ar.com/, you have the advantage that you can trade with a wide range of underlyings on one account.