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Nikola Motors Semi Trucks

Discussion in 'Electric Vehicles' started by heysteveh, May 13, 2016.

  1. CyberGus

    CyberGus Not Just a Member

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    • Informative x 1
  2. Zorg

    Zorg Active Member

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    The whole thing was a scam. I feel bad for the folks that invested in this and will be completely screwed. Hopefully, some folks end up in jail to deter others from doing the same. One wonders about the level of due diligence done by bankers on this one.
     
    • Like x 1
  3. SMAlset

    SMAlset Well-Known Member

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    #103 SMAlset, Sep 21, 2020
    Last edited: Sep 21, 2020
    I recall he bought a home there last year. He still walks away with a lot of shares, 20%, which Electrek commented they thought he could now sell stock without having to report his transactions although would have to file quarterly reports of ownership.

    Have to wonder what Stephen Girsky (formerly with GM and just appointed Chairman of Nikola’s Board) told GM about state of technology with hydrogen and other fuels. Given what GM will be committed to supplying they might know more than other investors. Wouldn’t be surprised if Girsky on the Board wasn’t a big piece to putting together this GM/Nikola deal.
     
    • Like x 1
  4. SageBrush

    SageBrush REJECT Fascism

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    Believe it or not, seeking alpha actually has a succinct, and I think accurate, summary. You know things are bad when SA gets the story right
     
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