Trader Brian Jones on Twitter: "OHH Investment firm calls Phoenix-based Nikola Corp. an 'intricate fraud'; stock price falls https://t.co/tI7EHjbvkA via @azcentral" / Twitter

OHH Investment firm calls Phoenix-based Nikola Corp. an 'intricate fraud'; stock price falls azcentral.com/story/money/bu via

@azcentral

azcentral.com

Investment firm calls Phoenix-based Nikola Corp. an 'intricate fraud'; stock price falls

Among the allegations in the report is that Nikola simply rolled one of its trucks down a hill to film a promotional video because it wasn't functional

12:23 AM · Sep 11, 2020Twitter Web App

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I’m invested in $NKLA think is has a bright future.

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twitter.com/HindenburgRes/ This was my favorite part of the report

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Hindenburg Research

@HindenburgRes

Sep 10, 2020

Our investigation of the site and text messages from a former employee reveal that the video was an elaborate ruse— $NKLA had the truck towed to the top of a hill on a remote stretch of road and simply filmed it rolling down the hill.

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