I agree with the sentiment, but there’s a difference between a company that has billionaire funding and banks that’ll actually loan money. And a company like NKLA that had to do a sketchy merger just to get on NASDAQ.

People tend to forget Elon almost went completely broke using his own money to fund Tesla in the early days. VTIQ/NKLA will be funded as long as people buy into the idea, but expect them to do share offerings pretty consistently and will dilute the shares, and it’ll be huge huge fees to banks just to do the offering. Didn’t VTIQ recently just raise 5 mil and had something insane like 5 mil in fees to the underwriter? Can’t really dilute when you have terms like that.