Canonical · Fraud & Short Cases · Report
Nikola: How to Parlay an Ocean of Lies
Hindenburg Research · 2020
"Nikola is an 'intricate fraud' built on false claims about its technology, including a truck rolling downhill in a video."
In 2020, Hindenburg Research exposed Nikola Motors, a highly valued hydrogen truck startup, as an intricate fraud built on CGI and fake demonstrations. Founder Trevor Milton had faked almost every major technological breakthrough the company claimed.
Read more about the topic
Up NextSuggested: Continues the theme of Fraud & Short Cases
Enron Short Thesis
"Enron's returns didn't cover its cost of capital and its accounting was opaque; the equity was worthless."
Jim Chanos / Kynikos · ResearchContinue→