trevormilton
Nikola stock tumbled after CEO Mark Russell failed to convince investors that they would be able to finalize a deal with GM. He also failed to reassure them that founder and former chairman Trevor Milton wouldn’t start unloading his shares next week when the lockup on them ends. Milton is Nikola’s biggest single shareholder.Q3 2020 hedge fund letters, conferences and moreNikola deal with GM still up in the airCNBC reports that in an interview on Mad Money with Jim Cramer, Nikola's CEO said the talks for a $2 billion deal with GM were ongoing, but he wouldn't provide any other comments beyond t...
ValueWalk
Whitney Tilson’s email to investors discussing Nikola Founder Trevor Milton resigns; Has the bubble burst?; SEC gives more investors access to private equity, hedge funds.Q2 2020 hedge fund letters, conferences and moreNikola Founder Trevor Milton Resigns2) Breaking news this morning on electric-truck maker Nikola (NKLA): Nikola Founder Trevor Milton Resigns as Executive Chairman Amid Fraud Allegations. Excerpt:Nikola founder and Executive Chairman Trevor Milton is stepping down from the electric-truck startup with immediate effect in the wake of allegations from a short seller that he and the...
ValueWalk
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...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら