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NKLA - respond to Hindenburg report in first

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semi_infinite   Monday, 09/14/20 01:09:11 PM
Re: DewDiligence post# 22834
Post # of 23006 
NKLA - respond to Hindenburg report in first link below. So the video of truck rolling down a slope was just an advertisement of "Nikola in Motion" LOL. The lie that Hindenburg didn't cover (or perhaps I missed that they did) is the claim by Milton that they have been actively producing green H2 at their AZ headquarters using 3.5MW of roof top solar. First of all, the math doesn't work as the acreage needed by such a plant exceeds their land, let alone the building. And satellite images show no solar panels, EVER. My understanding is that Milton says he was misunderstood and that they have the H2 generator on order.

https://www.prnewswire.com/news-releases/nikola-sets-the-record-straight-on-false-and-misleading-short-seller-report-301129952.html

Electrek's take below -

https://electrek.co/2020/09/14/nikola-nkla-admits-faking-video-driving-prototype-weak-response/

Can't believe Dan Ives of Wedbush actually buys Milton's crap.

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