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GM scales back partnership with electric truck startup Nikola

detroitnews.com

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Re: GM scales back partnership with electric truck startup Nikola

#111

Post by wavefunction »

jariel wrote: post #23
NicoJuicy wrote: post #13

Earlier quoted context omitted.

He tried that already. Literally, if you watch his interview about the DJT ticker, you see him praising everything and blaming others when it went bankrupt.

That was before the RobinHood trading nation era of hyper speculative investors. Just like ~15% of the US population believes Trump when totally fabricates facts about the election, he could take a run at perennially duping investors in 2020 and beyond. "We're about to sign a huge deal for a Moscow property" ... and then it doesn't really happen. "We signed a huge deal with Macau developers" ... but it's not material…

>Just like ~15% of the US population believes Trump when totally fabricates facts about the election

I think it's significantly higher than 15%.

Re: GM scales back partnership with electric truck startup Nikola

#112

Post by wavefunction »

NicoJuicy wrote: post #41
jariel wrote: post #23

Earlier quoted context omitted.

That was before the RobinHood trading nation era of hyper speculative investors. Just like ~15% of the US population believes Trump when totally fabricates facts about the election, he could take a run at perennially duping investors in 2020 and beyond. "We're about to sign a huge deal for a Moscow property" ... and then it doesn't really happen. "We signed a huge deal with Macau developers" ... but it's not material…

That's normally when the SEC gets involved.

The Trump Organization is privately held, I assume the SEC has limited jurisdiction.

Re: GM scales back partnership with electric truck startup Nikola

#113

Post by gwern »

Triv888 wrote: post #107
mwfunk wrote: post #92

I know it's petty but literally the fact that it was named Nikola was reason enough for anyone to think they're shady or uninspired or a straight up scam. I would be equally skeptical about wannabe Apple competitors named Banana or Dragonfruit, or a Microsoft competitor named Megahard, or a Burger King competitor named Hamburger Aristocrat. If the best someone can come up with for their own name is a joke pointed at…

Thats what I thought when I first heard about Tesla... I.E.: why would Elon steal an historical name?

Well, he didn't. Tesla was named 'Tesla' by the founders, not Musk. And Tesla the man was more obscure back then than he is now (and that's in large part thanks to Tesla the company plus various pop culture ephemera like a certain webcomic).

Re: GM scales back partnership with electric truck startup Nikola

#114

Post by omarforgotpwd »

ALittleLight wrote: post #103
ct0 wrote: post #33

Earlier quoted context omitted.

After listening to the recording it's pretty clear that this guy is a fraud. what is the lethal dose of acid? thanks, ill wait.

Not to mention that, if he had done 10-15x the lethal dose of acid, wouldn't he be dead?

hahaha exactly his story makes no sense

Re: GM scales back partnership with electric truck startup Nikola

#115

Post by omarforgotpwd »

Triv888 wrote: post #106
omarforgotpwd wrote: post #28

Trevor Milton invited me to his headquarters to prove his trucks weren't fake. While we were having lunch I asked him about the longtime friend of his (15 years, went to his wedding) who he had framed for extortion. The friend later committed suicide when he got out of jail. This was all happening during the Nikola reverse-IPO process. After a recording of our conversation was posted online, a bunch of women came for…

Do you have a link that provides some evidence about the bunch of accusations from women that you talk about? Because in all your comments you talk about a lot of stuff with little proof...

let me google that for you

https://www.cnbc.com/2020/09/29/two-women-file-sexual-abuse-...

Re: GM scales back partnership with electric truck startup Nikola

#116

Post by ponker »

Kye wrote: post #53
renewiltord wrote: post #45

Earlier quoted context omitted.

You're real damn sure, right? You got another sure shot at 3x over 2 years? There's enough in the order book there for you to turn $30k into $100k.

Rich people have the weirdest hobbies. There are surer, quicker, and much more fulfilling things I could do if I had $30k.

Maybe that's why you don't have $30K.

Re: GM scales back partnership with electric truck startup Nikola

#117

Post by shoo »

Thorrez wrote: post #97
shoo wrote: post #76

If anyone missed it, Hindenburg Research's piece on Nikola is an entertaining read: https://hindenburgresearch.com/nikola/

> Hindenburg Research Is their company dedicated to watching/causing others to go up in flames?

Well, they're activist short sellers. So in the worst case they're destroying capitalism by crafting and broadcasting carefully designed payloads of viral misinformation to portray the efforts of innocent companies in the worst possible light, in order to influence market opinion and drive down the share price to profit from short positions. In the best case, they're aiming to profit from short positions by doing the hard investigative work of discovering fraud, helping the market more efficiently arrive at fair prices for fraudulent or otherwise over-valued stocks, and helping unsuspecting investors avoid ruining their plans to retire by trading hard-earn cash for worthless stock based on lies from company management / stock promoters.

Re: GM scales back partnership with electric truck startup Nikola

#118

Post by Triv888 »

gwern wrote: post #113
Triv888 wrote: post #107

Earlier quoted context omitted.

Thats what I thought when I first heard about Tesla... I.E.: why would Elon steal an historical name?

Well, he didn't. Tesla was named 'Tesla' by the founders, not Musk. And Tesla the man was more obscure back then than he is now (and that's in large part thanks to Tesla the company plus various pop culture ephemera like a certain webcomic).

I always new about the real Tesla which is why I thought the way I did...

Re: GM scales back partnership with electric truck startup Nikola

#119

Post by hn_throwaway_99 »

belval wrote: post #83
hn_throwaway_99 wrote: post #81

Earlier quoted context omitted.

Some states are what is known as "all party consent" states, while others are "one party consent" states. In all party consent states, it is illegal to record a private conversation unless everyone who is being recorded is aware and has consented to being recorded. In one party consent states (which are the majority of states), only one person (presumably the person doing the recording) needs to be aware of and conse…

I think your missed the point of the comment you were replying to. Why would we on HN, care about whether or not the recording was legal?

The comment I was replying to seemed to interpret this as an "admissibility of evidence" issue. My point was that it has nothing to do with "admissibility", just that the GP comment was pointing out that if the person recorded this without the consent of all parties (which turned out not to be the case, but regardless) they could potentially be putting themselves in serious legal jeopardy.

Re: GM scales back partnership with electric truck startup Nikola

#120

Post by NicoJuicy »

wavefunction wrote: post #112
NicoJuicy wrote: post #41

Earlier quoted context omitted.

That's normally when the SEC gets involved.

The Trump Organization is privately held, I assume the SEC has limited jurisdiction.

We're talking about stocks, so that would mean the organisation would go public ( again)...
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