Nikola JUST Admitted to Fraud - End of GM Partnership?
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 Published On Sep 14, 2020

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⚠️⚠️⚠️#Nikola #NikolaFraud #Stock ⚠️⚠️⚠️

4 Days ago a Hinderberg research paper (by a short-seller) exposed Nikola for potential fraud - but it's common to see short-sellers bag on a stock so that the price falls. Well, today Nikola released its press release and admits to fraud by deceiving viewers with an imposter truck.

Nikola just gave General Motors an 11% stake in Nikola to partner with them on the production of the Badger pickup truck and parts for Nikola’s semi truck. The deal was valued at $2b dollars setting Nikola’s market cap based on this value at 18b, which shares quickly reacted to shares of Nikola skyrocketed 39%, as much as 50% intraday, closing at $50.05 per share. What does this partnership mean for competition against Tesla? Is Nikola stock a buy? Should I sell Tesla stock? Should I buy Nikola stock? Should I buy GM Stock? in this video, I discuss my opinions on Tesla vs Nikola & GM's autonomy and the way they might attract buyers. We'll talk Tesla ownership demographics and compare features between the vehicles to help us make an educated decision: Should we sell Nikola or buy Nikola stock? Why is Tesla stock falling? And should we buy Nikola and GM stock Instead?

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Nikola statement: https://nikolamotor.com/press_release...

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