After it went public a few weeks ago, stocks for the electric and hydrogen-powered car startup Nikola Motors soared enough to give it a valuation of over $20 billion, a princely sum that surpassed valuations of both Ford and Fiat-Chrysler, two of America’s oldest automakers.

Nikola’s promise is to revolutionize trucking in the US using hydrogen fuel cells, technology that turns potential energy from molecular bonds in hydrogen into electrical energy.

But not everybody is buying that hydrogen is the future of long-haul transportation. After Nikola’s great financial run, Tesla’s outspoken CEO Elon Musk tweeted that “Fuel cells = fool sells,” on June 11. Musk and his fans took to mocking the concept of hydrogen fuel cells, with Musk deriding the tech as “staggeringly dumb.”

It’s worth pointing out that Musk isn’t a neutral party. Tesla announced that its own semi truck is officially going into “volume production” earlier this month — less than a week after Nikola Motors went public. And, of course, he might feel defensive about another auto company naming itself after famed inventor Nikola Tesla.

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