The company, based on everything that i've been able to understand about doesn't make its own products. You have to wonder, where do these contracts come from? And it's another red flag in our industry, is that a letter of intent means nothing. What really matters is when a customer uses a product, pays for it, loves it, recommends it to a friend. I went under the scrutiny. This has to be on the up and up....
Check out the full Trevor Milton interview: https://youtu.be/SH-zhlqvJWM
Jason on CNBC 9/11/20: https://youtu.be/_FV7g2UJDsw
FOLLOW Jason: https://linktr.ee/calacanis
Referenced in this episode:
Hindenburg Research - Nikola Report:
https://hindenburgresearch.com/nikola
FreightWaves Article:
https://www.freightwaves.com/news/breaking-news-trevor-milton-out-of-nikola
Bloomberg Article:
https://www.bloomberg.com/news/articles/2020-09-14/sec-said-to-examine-nikola-over-short-seller-s-fraud-allegations
Nikola Press Release:
https://nikolamotor.com/press_releases/nikola-sets-the-record-straight-on-false-and-misleading-short-seller-report-96
Nikola One Video:
https://youtu.be/IAToxJ9CGb8