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Just what is going on with Nikola Corporation? Is Nikola Motors a scam? Is Nikola stock a scam?
Is it a fraud? Shocking Nikola Motors Fraud Claims Explained. Electric-hydrogen truck startup Nikola struggled to reply to a report from forensic financial research firm Hindenburg Research that claimed that at a minimum, Nikola and its founder Trevor Milton haven't been truthful about its trucks or its powertrain systems. Is Nikola Corporation one big fraud? I know not to believe everything I read so I will try to look at this with an unbiased perspective. Nikola Corporation argued that they have this proprietary technology they've developed and are putting it together to create their hydrogen truck. Has Nikola Motors produced any vehicles? Is Nikola motors ever going to be successful in putting electric and fuel cell pick-up trucks on roads? Is Nikola stock a risky buy? Or is Nikola a pure fraud? Why did GM invest in the company? OK.
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