Nikola of staging an “elaborate ruse” to mislead the public about the status of its electric semi, Nikola One. While the company had published a video purporting to show the truck “cruising on a road at a high rate of speed,” Hindenburg said the truck had actually been “towed to the top of a hill on a remote stretch of road and simply filmed it rolling down the hill.
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Finally.
Sad because it’s a cool company that honestly would rival Tesla and has great ideas, just made a stupid decision to lie and tell people their stuff is almost ready when it clearly was not
Most EV startups turn out to be fraud.
Hope he does some good time
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Source: CNBC - 🏆 12. / 72 Read more »