Nikola from beginning to end: why did the investors should not believe the “main competitor Tesla”
In the history of the startup, the Nikola electric trucks, the new milestone is a criminal case of fraud against its founder Trevor Milton. The essence of the prosecutor’s prosecution is extremely simple: Milton “lied to almost all aspects of business” to support Nikola's quotes. Although distinct warning “calls” sounded long before last year’s accommodation, it surpassed Ford capitalization for some time, and the investment banks recommended “buying” its shares. We tell you how it happened.