RV_ Posted July 29, 2021 Report Share Posted July 29, 2021 (edited) Whoa! I hope no one invested in this. I was shocked to see their attempts to deceive with fakes! Excerpt: "Nikola founder Trevor Milton faces federal charges of lying to investors, according to an indictment unsealed in New York on Thursday. The indictment alleges that from November 2019 through September 2020, Milton made false and misleading statements about "nearly all aspects of the business" of developing electric and hydrogen-powered trucks. Specifically, prosecutors allege that Milton claimed Nikola had a "fully functioning" semi-truck prototype known as the "Nikola One," when he knew that the prototype was inoperable. Strauss said the closest it ever came to operating was when it was pushed to the top of a hill then rolled down to produce a video showing it in motion. The indictment also says Milton also claimed that the company was producing hydrogen and was doing so at a reduced cost, when he knew that in fact no hydrogen was being produced at all by Nikola, at any cost. Milton was serving as executive chairman of the company at that time." Much more in the source here: https://www.msn.com/en-us/news/us/nikola-founder-trevor-milton-indicted-for-allegedly-lying-about-nearly-all-aspects-of-the-business/ar-AAMI6eG?ocid=uxbndlbing Edited July 29, 2021 by RV_ Quote RV/Derekhttp://www.rvroadie.com Email on the bottom of my website page.Retired AF 1971-1998 When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius “Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire Link to comment Share on other sites More sharing options...
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