Replies to post #22834 on The Rising Influence of Rising Affluence

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NkLA - BELOW where it was and GM back to where it was before the deal was announced. Question will be whether GM gets to sell any of those free shares before SEC steps in. Will the SEC step in? I have been short a few calls before announcement and added to position on day of announcement. Still small.

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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.