2min chapter

Behind the Money cover image

An electric truck start-up founder goes to trial

Behind the Money

CHAPTER

Hindenburg Short Seller Report

The Hindenburg Research Report says the stock price of Nicola is rolling downhill. The report comes out on September 10th, just two days after that big GMDO was announced. Trevor Milton and Nicola go into like massive damage control. He posts a hundred million dollar bond. And in July 2021, the U.S. attorney for the Southern District of New York charged him with three counts of fraud.

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