Nikola CEO: The Nikola Two compared to the Tesla Semi truck - Business Insider

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Hydrogen vs. electric: Nikola's CEO reveals why businesses should buy the Nikola Two hydrogen-fueled truck instead of the battery-powered Tesla Semi

, which, among other products, plans to make semi trucks powered by hydrogen fuel cells, its models will have a range advantage over Tesla's freight truck, the Semi, which will run on batteries.

"Diesel's more energy-dense than a battery. Hydrogen's more energy-dense than diesel fuel. So we can get a freight load a long way with just a little bit of hydrogen,"The Nikola Two semi truck will have 500-750 miles of range, the startup says, compared to the 300-500 miles offered by the Semi.

But there's a simple reason the Nikola Two will be able to travel farther than the Semi between refuelings, according to Russell. Batteries are heavy and take up space, creating a trade-off between a semi truck's capacity and range. If you want more range, you'll need a bigger battery, which means you won't have as much room to carry freight. Russell gave as an example Anheuser-Busch, which hasup to 800 semi trucks from Nikola.

"If you tried to do that with batteries — to go 400 miles — then your battery is so big and heavy that you would have to take several pallets of beer, thousands of pounds of beer off of that truck and replace it with extra batteries to get that far," he said.

Are you a current or former Nikola employee? Do you have an opinion about what it's like to work there? Contact this reporter at

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