Discover and read the best of Twitter Threads about #nikola

Most recents (17)

Is 𝐀𝐝𝐚𝐧𝐢 𝐆𝐫𝐨𝐮𝐩 on the brink of collapse❓

Let's see history of Short-Seller king Hindenburg

♦️ Hindenburg Research LLC is an investment research firm founded by Nathan Anderson in 2017.

♦️ They are best known for releasing research reports on overvalued or fraudulent companies and then shorting them.
♦️ They do their research on the target company by going into their public records and corporate documents.

♦️ Since their existence they have targeted atleast 16 companies and the latest one is Adani Group.
Read 13 tweets
OK - US v. Trevor Milton trial, with Utah land seller on the stand, Inner City Press is covering the #Nikola case… @NKLA tale and will live tweet, thread below…
AUSA: Mr. Hicks, did there come a time that you filed a lawsuit against Mr. Milton?
Hicks: The winter of this year.
AUSA: What is the demand?
Hicks: $45 million. Under Utah fraud law, it's treble damages.
AUSA: Who contacted who?
Hicks: The government contacted my attorney.
AUSA: Did you invest in Nikola based on that [recorded] call?
Milton's lawyer Torrey Young: Objection.
Judge Ramos: Overruled.
Hicks: Yes, I invested because of the call.
Read 13 tweets
OK - now sentencing for 20 kilos of fentanyl of Sucre Almanzar-Alba, by Judge Ramos (just finished day presiding over #Nikola Trevor Milton). Mandatory minimum would be 10 years, but he's eligible for "safety valve." Inner City Press will live tweet, thread below
AUSA Mead: We agree he's eligible for the safety valve.
Defense lawyer Guzman: My client didn't negotiate price, he was just delivering the kilo of fentanyl. And he showed the police where the other 19 kilos were.
Defense Guzman: My client was threatened after his arrest, about the loss of the 19 kilos. He expects to have problems when he returns to the Dominican Republic.
AUSA Mead: Can I have a minute to speak to defense counsel?
Read 9 tweets
OK - US v. Trevor Milton trial continues, now #Nikola social media boss Anzallag on the stand, Bondi objecting to everything, unsuccessfully. Inner City Press will live tweet, thread below, as covers the case… & tale…
AUSA: Did Mr. Milton comply with your social media policy?
Brad Bondi: Objection!
Judge Ramos: Overruled.
Stephanie Anzallag: No, he did not.
AUSA: Did you suggest that Mr. Milton do the podcasts along with CEO Mark Russell.
Anzallag: Yes. But Trevor said he preferred to do it solo.
AUSA: Are you aware of Tesla Charts?
Anzallag: Yes, a pro-Tesla podcast. Trevor told us he wanted to do it.
Read 12 tweets
OK - now US v. Milton, #Nikola's Mark Russell still on direct examination, Inner City Press is covering the case and will live tweet, thread below. Yesterday's story:… and off-road tale…
All rise!
AUSA Estes: Yesterday you were asked about the Badger... This email calls the Badger a distraction. What was your understanding of that?
Russell: It would be a dilution of our focus.
AUSA: How so?
Russell: A pick-up would require time and money.
AUSA Estes: Mr. Russell did you have a concern about all this?
Milton's lawyer: Objection! Leading!
Judge Ramos: Overruled.
Russell: Yes, I was concerned.
Read 40 tweets
OK - US v. Trevor Milton of #Nikola trial continues, with Prows being crossed by Bondi, Inner City Press covering the case… and tale (for later booklet)…, & song (!), will live tweet, thread below
Milton's lawyer: Isn't it true you were told by Nikola it was OK to use 3 and a half cents for hydrogen?
Dale Prows: I don't remember.
Bondi: Read this exhibit for yourself, Mr. Keefe telling you it's OK. Do you remember reading this?
Prows: No.
Bondi: The discussion to tap into the Federal line, who was involved?
Prows: Mark Russell. And I don't remember who else.
Bondi: Here's an email to CEO Mark Russell with you cc-ed, right?
Prows: Yes.
Bondi: We offer into evidence.
AUSA: Objection.
Judge: Sustained
Read 24 tweets
OK - as US v. Milton trial continues, his lawyer Bondi is cross examining #Nikola's Fretheim about hydrogen claims on Tesla Charts podcast - Inner City Press is covering the case… and will live tweet, thread below…
Bondi: Ms. Fretheim, didn't you say "We are designing from a clean sheet allowing us to leap frog forward in technology"?
Fretheim: Yes.
Bondi: You said that publicly, right?
Fretheim: Maybe to a select group.
Bondi: It was on the Internet, right?
Bondi: We move into evidence the entire Tesla Charts podcast, and transcript.
Judge Ramos: Any objection?
[US had been objecting in writing, but lost that round]
Read 4 tweets
OK - for US v. Trevor Milton $NKLA trial, now in Courtroom 318 the lawyer mill around, waiting for pool of prospective jurors. Standing at railing is Milton, whispering with 2. Inner City Press aims to live tweet the trial, 1st thread below…
Even here in courtroom 318, the witness & counsel boxes have COVID Plexiglass. But here, the jurors will retired to & ultimate deliberate in 1 rather than 2 jury rooms. There are other trials kicking off today, hence the delay in jury pool walk-over from 500 Pearl
Update of noon: we're only on the 2d prospective juror, who says he's read an article about #Nikola. Judge Ramos says, Why don't you come up and we'll speak to you at sidebar (non-public). Milton's lawyers go up; he remains at defense table.
Read 12 tweets
Will Trevor Milton get a deal by offering evidence against bigger fish? Here's a possible hint in the indictment.
$NKLA #Nikola #TrevorMilton Image
Not just the SPAC insiders, but also the PIPE investors Image
Another clue - "... were able to sell their Nikola stock for a profit ..." Image
Read 4 tweets
Here @sdnylive for 11 am presser on indictment of #Nikola's Trevor Milton. Outside, Federal law enforcement with shotguns, by the MCC. Probably *not* for Milton. Threadette below Image
If you're a victim... Image
US Attorney Strauss points at a Nikola vehicle and says the company's staffers pushed it down a hill for an ad. "Milton tweeted a video of the car rolling down the hill."
Read 4 tweets

Almost forgotten, but 2 months from now $2.5B of employee-owned #Nikola stock will unlock.


136m shares include 40m owned by a company co-owned by Trevor and Mark Russell.

They gotta keep the stock high. Here's how.
A. Alleged deceptions, including lies they cannot defend.
B. Losing money and no revenues.
C. No tech lead (or no tech at all?)

They tackle all points. Points 2 and 3 same way as before.
A. Deception -
Some points they cannot defend anymore. Doing so would just keep company's name in the mud

So they admit what they 100% can't refute, but put it on prev mgmt.

"Don't blame us, it was them. We're honest. A real real truck company, look at the progress we made"
Read 14 tweets
/1 As reported by the @HindenburgRes report in September, $NKLA founder and now ex-chairman Trevor Milton admitted in a July 2020 interview with me that they have not produced any Hydrogen at their Phoenix, AZ facility. #thread #hydrogen #Nikola…
/2 Many $NKLA bulls have contacted me in the meantime calling me a liar and worse so I decided to put the record straight and show you exactly what Trevor told me back in early July 2020.
3/ The main topic is Trevor admitting for the first time that they have NOT produced any hydrogen despite claiming earlier that they’ve been doing so for a while, allegedly misleading their investors.
Read 8 tweets
#Nikola'ya dalmayı düşünmüştüm ama @yurtdisihisse güzel yazmış, okuyalım ⤵️

Not: kimse yapmadan birisi #Milutinov ismini tescil etsin acil... Tesla'nın göbek adı. Halka arzda $3-5 milyar çarpma garantili marka. Slavik olmasa 30 da olurdu ya kısmet 😄
1. GM ile yapılan ortaklık değil; GM'in kendi üretim hatlarına pazar açması (tutarsa). Araştırınız.
2. Raporu yazan Hindenburg* bir şortçu. Açık açık NKLA şortladık diyorlar.
3. NKLA tamamen balon denmiyor ama çok fazla gazlama var ve desteksiz büyük umutlar pazarlanıyor.
Read 5 tweets
What’s happening to #Tech stocks and the markets in September 2020 and what is #FED really worried about - is the #Equities or #Bonds ?

Markets never work in a straight line up or straight line down , every market has to go through a period of correction/consolidation to resume
its journey

NASDAQ was a overbought market in June to August 2020 , but we are not in any serious trouble to disturb the long term bullish trend and why ?

Because Credit Market hasn’t broken down yet , while the media and investors are focused in the Equity markets ,

The QE program was more about buying

1) US Sovereign bonds, called Treasuries

2) US Municipal Bonds

3) US Corporate Bonds
Read 11 tweets
Analysis: #NASDAQ $NKLA

Case 333 #Nikola Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#NKLA 1/4
Chart 1
Daily Chart: The July blowout reached an all time high of 93.99 and since then half of the gains have been wiped out. To maintain #bullishness the control point at 63.59 needs to hold then close above #pivot #resistance at 73.27 to .....

NKLA 2/4
..... target 100.23 - 101.47 in the long term. To the downside an unfilled gap of 40.42-35.98 exists. The immediate support zone (below the broken #trendline) is 42.34 - 28.30 and further down major #support, sandwiched between #SMA 50 and 200 is 21.83 - 15.57.

NKLA 3/4
Read 4 tweets

So frustrating to #know the answer to the question of how to formulate that #TheoryOfEverything #scientists say is the biggest unsolved problem in #physics, yet they don't even want to look at it:…

Wave-particle duality a #mystery?
What I've found is rather astonishing:

The #mathematics used by #Maxwell are inconsistent.

He left the magnetic vector potential field [A] undefined and decoupled from the #medium thus creating #MaxwellsHole, which introduced an unwarrented #gauge #freedom in the model...
It is this #gauge #freedom thst led to the #hack known as #Quantum #Madness.

Really, it doesn't take a PhD to figure out that when you believe particles can exist at two places at the same time, you have a mental problem.…
Read 20 tweets

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