Nikola Badger Preorders Launch: Deposits Up to $5,000 for Truck Based on Renders
Phoenix-based Nikola has launched preorders for its Badger pickup electric truck, with fully-refundable reservations available ranging from $250 USD to $5,000 USD.
Available are the following packages and deposits:
Honey Package ($5,000)
- Executive Series: Signed by Founder and delivered amongst the first batch of vehicles
- $10,000 off purchase price (including deposit)
- 2 x VIP Backstage Meet-and-Greet tickets to Nikola World 2020
- 25 entries to win a Nikola Badger
Predator Package ($1,000)
- $2,000 off purchase price (including deposit)
- 2 tickets to Nikola World 2020
- 5 entries to win a Nikola Badger
Instinct Package ($250)
- $500 off purchase price (including deposit)
- 1 ticket to Nikola World 2020
- 1 entry to win a Nikola Badger
All three packages are “fully refundable before November 1, 2020,” while after that date $250 is non-refundable.
Nikola World 2020 takes place December 3-5 in Phoenix, Arizona, where company founder Trevor Milton says he will debut the Badger in both blue and white:
https://twitter.com/nikolatrevor/status/1277610819853799426
https://twitter.com/nikolatrevor/status/1277299471890563072
Yesterday, Milton appeared to take a subtle jab at Tesla, saying “Attention reservation holders: Unlike our competitors, we don’t use your money to fund our development. @nikolamotor is guaranteeing and vouching to leave your paid deposits for all vehicles in an account and not consume the funds.”
It’s worth noting nobody has seen a working Nikola Badger–aside from renders–and critics cite the truck is “vapourware” until a real working prototype is available for the masses. The Nikola Badger isn’t slated to delivery until 2022. The company plans to work with manufacturing partners to product the Badger and its big rig semi truck, the Tre, expected to deliver in 2021.
Nikola went public earlier this month through a reverse merger and the stock price has surged since, currently trading at $67.40 per share, up 6% today as of writing.