Bloomberg Technology
Nikola Facing SEC Scrutiny Over Fraud Allegations
Sep.14 — The U.S. Securities and Exchange Commission is examining Nikola Corp. over allegations that the electric-truck maker deceived investors about its business prospects, according to people familiar with the matter. Bloomberg’s Ed Ludlow reports on “What’d You Miss?”
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Isaac
September 14, 2020 at 10:09 pm
Ed has had it out for NKLA for months…
Jim Hitch
September 14, 2020 at 10:11 pm
The bigger the lie, the more believable it is.
TheAstronomyDude
September 14, 2020 at 10:12 pm
Why is Citroen investigating an American company whose only presence is in California? Obviously it depends on the price of hydrogen and only regions with LOTS of sunlight will be able to produce super inexpensive hydrogen gas. Also regions with too much electricity like here in Toronto. We’re so stupid we produce too much electricity and pay New York to buy it from us. Hydrogen gas production gives you something to do with surplus electricity.
Army of Gog
September 14, 2020 at 11:24 pm
Glad I don’t live in that freeze box.
Wiz of Wall Street
September 14, 2020 at 10:24 pm
So Trevor was keeing the stock up today…? 1.5 million huh lol Scam artist
SWOLEHERO
September 14, 2020 at 11:56 pm
Nothing is a scam about Nikola
Wiz of Wall Street
September 15, 2020 at 12:11 am
I just dont like being mislead thats all.
JustEndItAll
September 14, 2020 at 10:25 pm
Extraordinary claims require extraordinary proof… Spotlight is on NKLA and they have nothing but hot air. Elizabeth Holmes copy cat.
xx04427
September 14, 2020 at 10:41 pm
False reporting!! NKLA invited SEC to investigate the Fraud Allegations. Not the other way round!!!
David Liang
September 14, 2020 at 10:47 pm
Nikola invited the SEC to investigate Hindenburg NOT Nikola.
Yogi
September 14, 2020 at 10:41 pm
Scam, it’s fools cells!
Odvar Donald
September 14, 2020 at 10:44 pm
You cannot trick people into investing in your company based on false claims. First, you have a revolutionary battery and fuel cell technology now you are outsourcing it all. What are people investing in? This is a graphics design company with a market cap. of over $10 Billion. They plan to market a pickup truck in which two different companies will be adding a markup, at what price will they be able to sell it?
David Liang
September 14, 2020 at 10:45 pm
How are Nikola’s “partner” companies coming out and saying thye believe in the technolgy…when Nikola has given up and is sourcing batteries and drive train from GM?????? Helloooooo
Nick Zhu
September 14, 2020 at 11:06 pm
economy isnt good, especially in Europe, they all need those money promised by nkla, gm alone lost 800M in q2
SWOLEHERO
September 14, 2020 at 11:58 pm
That’s just for the Badger Trucks and select fuel cell models, they have a lot more to offer many of which they haven’t disclosed yet
Theepan Raj
September 15, 2020 at 12:39 am
Nokila’s ‘partners’ have stake in Nikola. Like GM has 11% ownership. So what would you expect from these stake holders? Not really partners.
SWOLEHERO
September 15, 2020 at 12:59 am
Theepan Raj they did extensive due diligence on Nikola before agreeing to partner, all of their partners and companies holding contracts have done their research.
Angel investor
September 14, 2020 at 11:00 pm
Nikola to zero
eugenestrawberry 18
September 14, 2020 at 11:45 pm
Crash and burn
Black Orchid
September 14, 2020 at 11:46 pm
🤣🤣🤣🤣🤣
760GM
September 15, 2020 at 12:17 am
#THERANOS
Con Man
September 15, 2020 at 12:22 am
The next Wirecard
Mark Plott
September 15, 2020 at 1:21 am
NKLA = Luckland Coffee
Mondrayish
September 15, 2020 at 12:24 am
Nikola is in the process of producing its short shorts
NuclearNow_SolarLater
September 15, 2020 at 12:26 am
😂
👏👏👏
Theepan Raj
September 15, 2020 at 12:47 am
Nikola calling the SEC to complain about HindenburgRes is like a meth lab calling the cops to complain about a noisy upstairs neighbor.
EthanChase
September 15, 2020 at 1:07 am
Thats stupid. They make that shit out in the country not in apartment complexes you idiot
CONTACTLIGHTTOMMY
September 15, 2020 at 12:49 am
Trevor is just a compulsive liar. Desperate to keep the hype train rolling.
“Oh yeah…we have 3.5 megawatts of solar panels on the HQ roof cracking H20.” WTF ????
Who does that? Mental defect or Confidence Man.
GET2222
September 15, 2020 at 12:52 am
GM + BOSCH are SCREWED. They are fools for moving forward with NIKOLA and fools for dropping NIKOLA. It just shows a new level of incompetency for the whole industry. No one has said NIKOLA has any tech that is proven. No one. Not even NIKOLA.
All this illustrates is how far these legacy OEMs are behind TESLA, Porsche and LUCID.
Good luck selling an NIKOLA EV that IS LAUGHABLE to the consumer. What a joke…
charles williams
September 15, 2020 at 1:03 am
Have you seen the list of companies which signed up with THERANOS?…hellooooooo!
EthanChase
September 15, 2020 at 1:08 am
I think it will all get sorted out an Nikola will be fine. GM vetted them before the 2B.
James Rodrigo Nash
September 15, 2020 at 1:21 am
It won’t, look deeper!
Blue Sky
September 15, 2020 at 1:18 am
So the next question is whether or not NKLA will be delisted.
Scott Lay
September 15, 2020 at 1:24 am
Trevor out Trevor not Elon lol