Hindenburg Views Nikola’s Response As A Tacit Admission of Securities Fraud

Hindenburg Research Views Nikola’s Response As a Tacit Admission of Securities FraudQ2 2020 hedge fund letters, conferences and moreLast week, we issued a report that presented extensive evidence of a litany of material false statements made by Nikola’s Founder and Executive Chairman, Trevor Milton.We included 53 questions at the end of our report that we believe shareholders deserve answers to. The company promised a full point-by-point rebuttal, but then only responded to 10 of our questions.Of those 10 responses, the company debunked nothing. Instead it either confirmed or sidestepped virtu…

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HEDGE accordingly