Nikola "Intricate Fraud"

And I, stupidly was supporting their technology early on. Although, I have to admit that the source of above article is not trustworthy; I am glad that I didn’t get their stock.

 

It's the daily mail. If there is no other outlet with the story. I'd go with fake news for $1000 Alex.

 

Hard to tell when it's fake or not when Wall Street involved... but there’s more than one source.
Short seller publishes blistering takedown of Nikola - FreightWaves

 

Wow . The tables have turned...

 

That's an interesting read. Something is definitely fishy.

 

If electric was more economical every mega would use them.

 

The SEC is investigating it. The accusations are from a firm that’s trying to short sell the stocks so I’m not sure how reliable it is, but Nikola did admit the truck used in the commercial was rolled.

either way, I’m waiting to see what’s going on before I make a judgment.


As far as Tesla, at least they have rolling demo vehicles. So Musk is now laughing that’s for sure.

but time will tell who’s going to be up on top in the next few years.

 

The plot is getting thicker... According to The Wall Street Journal Justice Department has joined U.S. securities regulators in examining allegations that electric-truck startup Nikola Corp. NKLA -8.27% misled investors by making exaggerated claims about its technology, according to people familiar with the matter.