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Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America
Hindenburg Research ^ | September 10, 2020 | Hindenburg Research

Posted on 09/20/2020 8:55:28 PM PDT by SunkenCiv

Today, we reveal why we believe Nikola is an intricate fraud built on dozens of lies over the course of its Founder and Executive Chairman Trevor Milton's career...


(Excerpt) Read more at hindenburgresearch.com ...


TOPICS: Business/Economy; US: Michigan
KEYWORDS: generalmotors; globalwarminghoax; greennewdeal; hydrogen; michigan; nikolamotors; travismilton; trevormilton
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Electric truck start-up Nikola fell more than 8 per cent last week after Hindenburg Research a short seller's report claimed the business was an "intricate fraud" that had exaggerated its technology and faked product launches.
Nikola Motors Fraud Claims Explained | Trevor Milton | Trading NKLA
Nikola Motors Fraud Claims Explained | Trevor Milton | Trading NKLA

1 posted on 09/20/2020 8:55:28 PM PDT by SunkenCiv
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Nikola Motors is not the first disaster that Trevor has had, as the Hindenburg Report has revealed that his previous companies also engaged in fraudulent actions.
Nikola Motors - The $34 Billion DISASTER
Nikola Motors - The $34 Billion DISASTER

2 posted on 09/20/2020 8:56:09 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

YOU Have been warned.
Buy TSLA or NIO if you want, but avoid vaporware in NKLA.


3 posted on 09/20/2020 9:10:53 PM PDT by BereanBrain (qu)
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To: SunkenCiv

Freightwaves.com reporting that Trevor Milton has resigned from the company tonight.


4 posted on 09/20/2020 9:13:40 PM PDT by Newtoidaho (All I ask of living is to have no chains on me.)
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To: Newtoidaho

This is too bad. I really loved the design and specs on the Badger, and was seriously considering putting money down for one.


5 posted on 09/20/2020 10:13:18 PM PDT by RainMan (CW2 ... time to kick the Democrats asses AGAIN.)
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To: SunkenCiv
Nikola is an intricate fraud built on dozens of lies over the course of its Founder and Executive Chairman Trevor Milton's career...

At first I thought this was a story about Joe Biden! Hey Joe, is that you?

6 posted on 09/20/2020 10:16:57 PM PDT by roadcat
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To: roadcat
The top recommended vid on my YT was some vlogger who noted that TM had resigned, but that the company still had good management in place. If the company had good management, it wouldn't be a scam from end to end.

7 posted on 09/20/2020 10:59:58 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: BereanBrain
Using a downhill stretch of road to shoot a video of the "hydrogen-powered" semi truck and trailer coast up to highway speed was pretty innovative. Maybe there should be a special award for grifters.
Tesla's been building and selling vehicle for twelve years, and has been really selling cars since 2012 (985K total of Models S, X, 3, and Y), has built real factories in two countries and is building the Berlin Germany plant at startling speed. GM meanwhile partnered with Nikola Motors...

8 posted on 09/20/2020 11:05:58 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: RainMan
Be glad you delayed doing that.

9 posted on 09/20/2020 11:07:36 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Newtoidaho

Trevor Milton fled to Austria?
https://www.reddit.com/r/wallstreetbets/comments/ir1ur3/enron_musk_trevor_milton_fleeing_to_austria/
https://twitter.com/financelancelot/status/1304549888735219715?s=21

Tilson Says Nikola’s Trevor Milton Will Land ‘Behind Bars For Securities Fraud’
Wayne Duggan
Benzinga
September 16, 2020
https://finance.yahoo.com/news/tilson-says-nikolas-trevor-milton-183641425.html


10 posted on 09/20/2020 11:11:32 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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Nikola Motor: Hindenburg Research report claims widespread deception by company, founder Trevor Milton | Fortune
https://fortune.com/2020/09/10/nikola-motor-stock-hindenburg-research-allegations/

Search hits for “GM Stock” — still being touted a week ago for its deal with Nikola.

http://www.google.com/search?q=gm+stock


11 posted on 09/20/2020 11:56:12 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

NKLA down 23% premarket


12 posted on 09/21/2020 2:49:38 AM PDT by montag813 (Nonsenze)
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To: SunkenCiv

From Wiki:

Fraud allegation

Trevor Milton has alleged that those who are short selling Nikola stocks are Tesla fans, who are alleged not to be Nikola shareholders but “anti-Nikola or paid attack accounts”.[46]

On September 10, 2020, two days after Nikola established ties with General Motors, short seller Hindenburg Research released a report[47] claiming Nikola of being “an intricate fraud built on dozens of lies over the course of its Founder and Executive Chairman Trevor Milton’s career.” The report also claimed that a video posted by Nikola in 2018 of a Nikola One truck appearing to run under its own power was staged, with the truck actually rolling down a long and gradual slope capable of accelerating vehicles to highway speeds, and that Nikola continued to promote their claims about their battery technology despite failing to acquire the company that had said technology. Nikola repeatedly described the truck as being “in motion”, thus making vague whether the truck was moving under its own power. Further verification by Financial Times confirmed the claim regarding the truck rolling down a slope. Nikola stock fell by 10% that day, while General Motors stock fell by 4%. By September 12, Nikola stock had fallen by 36%.[48][49][22][50][51]

https://en.wikipedia.org/wiki/Nikola_Corporation


13 posted on 09/21/2020 5:53:18 AM PDT by Red Badger (Sine Q-Anon.....................very............)
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To: SunkenCiv; muleskinner; Fiddlstix; TexasTransplant; Squeako; dennisw; norwaypinesavage; 1Old Pro; ..

I’m shocked............................. no, really!..................... I mean, really, really!...............


14 posted on 09/21/2020 5:55:39 AM PDT by Red Badger (Sine Q-Anon.....................very............)
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To: RainMan

That fuel cost efficiency must have been a real draw for you!


15 posted on 09/21/2020 5:57:10 AM PDT by 9YearLurker
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To: Red Badger
The second vid I linked above is the one I watched all the way through without wandering in here, or off to get a sandwich. He's got a history of grift that's well summarized in that vid.

16 posted on 09/21/2020 10:33:51 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Red Badger

It was electrifying news.


17 posted on 09/21/2020 11:02:25 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Tesla JUST Destroyed Nikola in $2 BILLION Dollar Lawsuit

Tesla JUST Destroyed Nikola in $2 BILLION Dollar Lawsuit

18 posted on 09/27/2020 10:37:00 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Red Badger
[some blue language] On September 30, 2020, 08:00 ET, Nikola dropped a bombshell about their future, and the funny part is they didn't mean to, it was a major screw up. On that date, NKLA published its so called "Nikola Executing Strategy and Vision to Deliver Innovative Technology, Energy and Transportation Solutions" plan. As part of this plan, they showed their next steps for the future of the company, or rather, lack thereof. In doing so, they neglected the Badger pickup truck and the Nikola One Semi Truck, meaning, they themselves, i.e., Nikola Motor Company, don't intend to make any, which is exactly what I was claiming all these months, allegedly, in my opinion, do your research... This is strictly my opinion, so do your own research and make up your own mind.
Tom Nash: Nikola Just Dropped a Bombshell about their Future
Tom Nash: Nikola Just Dropped a Bombshell about their Future

19 posted on 10/05/2020 11:41:03 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv

Nikola has been a scam from the beginning, apparently.

Elon Musk should sue...................


20 posted on 10/05/2020 11:42:38 AM PDT by Red Badger (Sine Q-Anon.....................very............)
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