nikolaone
Hindenburg Research Views Nikola’s Response As a Tacit Admission of Securities FraudQ2 2020 hedge fund letters, conferences and moreLast week, we issued a report that presented extensive evidence of a litany of material false statements made by Nikola’s Founder and Executive Chairman, Trevor Milton.We included 53 questions at the end of our report that we believe shareholders deserve answers to. The company promised a full point-by-point rebuttal, but then only responded to 10 of our questions.Of those 10 responses, the company debunked nothing. Instead it either confirmed or sidestepped virtu...
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Whiteny Tilson’s email to investors discussing Nikola’s lame response to Hindenburg Research and shares an article from Bloomberg on the company’s history of discrepancies.Q2 2020 hedge fund letters, conferences and moreThe Fake Nikola One Reveal1) In Friday's e-mail, I wrote about electric-truck maker Nikola (NKLA), whose stock plunged last week after activist short-seller Nate Anderson of Hindenburg Research released a damning report calling it "an intricate fraud built on dozens of lies."The company responded this morning with a press release entitled, Nikola Sets the Record Straight on Fal...
ValueWalk
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