The report, titled "Nikola: How to Parlay an Ocean of Lies Into a Partnership With the Largest Auto OEM in America," was released two days after the company announced a deal with GM that sent both companies' shares soaring. It characterized Nikola as an "intricate fraud built on dozens of lies" by Milton.
"Nikola, Honda and other companies who are looking to GM's technology as a platform for their products, represent just one part of our overall EV strategy," the company said. "Our overall goal is to put everyone in an EV and accelerate adoption.
"It's a dark day for Nikola. Let's just call it like it is. Trevor leaving, he's a key part of the vision," he said Monday during CNBC's Squawk Box. "That's something investors have sort of bet on … I still believe there's a story here, especially for GM."
The US DOJ and FBI just arrested Nikola's former chairman at airport
It’s actually a good news for the company
Another fraud tech bro to add to the list alongside Elizabeth Holmes and Adam Neumann.
I think this puppy will go higher from here. Bad news - Trevor Milton - is OUT!
IPO was around 9/share early 2019. They're at 29 now, and where this low and lower at the start of 2020. Fix the headline.
bullish
Damn resigned just like that huh
Buying $80 calls 🤑🤑🤑🤑🤑🤑🤑
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »