Trading 212 = new Robinhood(); 
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This company is a joke. I would sell sell sell! Cut any losses!
US justice department inquires into Nikola fraud claims
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This feels like a real shame and a witch hunt. Plenty of companies go years without a product. Shit, half the pharma ipos THIS WEEK don’t have a product yet.
I haven’t read the report or the cliff notes version. Has anyone else? Are there any other damning points, that we didn’t already know, other than the video nonsense?
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You raise a good point with the witch hunt, as I said previously I believe the truth is somewhere in the middle.
There is one part that doesn’t sit well with me personally, but I’m a mere novice not willing to risk my cash at this point. I believe if they do what they say they’re going to do it may one day be a great business, there is far too much ambiguity right now.
The key point is the below for me, when TM did state at the time that it was working (maybe not in them works).
I’m also aware that to mass produce different comportment takes years. They have hyped there battery, but only to use GMs battery? Maybe there isn’t ready to mass produce? Who knows? It just all seems rather woolly to me.
I do understand why people would take the risk of you had a large amount of capital to play with then it is certainly worth a punt. For me, it’s a no for now. Very disappointed.
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That FT article is behind a paywall. Care to paste it somewhere?
The difference is the pharma CEO’s aren’t all over twitter saying stuff like “Very few people can ‘out-Elon’ Musk in this world, I’m one of them”
I guess the pharma equivalent would be “Very few people can ‘out-Pfizer’ Pfizer in this world, I’m one of them” - some random guy.
I wasn’t clued in to Tesla in their early years. Was Elon this much of an attention seeker? I know he is now with his “lol … stonks” tweets etc. But back in the humble beginnings before he had a product on sale, did he behave like this?
And for me the issue is that for many people this was a sound long term investment. And as much of a clown that TM can be, and I believe his self promotion invites a lot of this, I’m just not sure why he out of all the boob CEOs out there, deserves to have his company torn down within 6 months of going public.
I don’t advocate these reports at all. They haven’t been constructed with the greater good in mind. They are just being used as a weapon to short.
It’s dirty tactics and just doesn’t sit right with me, regardless of how you perceive the company.
But Milton coming out with that bluster has nothing to do with Hindenberg’s agenda. And absolutely nothing to do with the fact neither he nor any of these companies have the same product… nothing.
I know what you’re saying, and I’ve said it too, he makes himself a target with his public shows, but not sure that’s enough to merit the shitstorm that’s now raining down on him. Mere hours after many doubters put their hands up to say ‘fair play’ on the GM deal, this comes along.
Like I say, I’m not invested. This shit just makes my blood boil.
It’s worth reading the hindenburg report follow up to the ten responses to the 53 statements they made.
NKLA shouldn’t have taken the bait and just ignored it as “fake news” and carried on if they wanted to get away with these. By replying they have shot themselves in the foot and drawn attention to it further.
I would say trying to sell something as working when it’s not and saying you have orders when they aren’t real isn’t a good way to do business.
Anybody who owns this company I suggest you get out this its nothing but a fraud,alarm bells should have started ringing when the CEO sold massive shares way back in April in order to buy his second home that should have been alarm bells to anybody investing
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There are way to many Odd things going! Smoke and dust in the eyes can not cover the messy management and misuse of the investors money - TM bought him-self tiny mansion for few million just few months ago, sold chunk of his shares for good profit and recently bought back in.
This money Should be invested in to the company - factory, infrastructure, stations and until it start to produce real products he must be a bit more frugal.
Example in this case could be Elon who is selling/sold his house: lived and slept in the factory on a couch; being there and overlooking every step of the way.
One more little thing about the faces representing a company: is it wise to be defensive OR is it better to give a smart answer and show confidence because you have something “cooking” or a product in which you are sure to “revolutionise the industry”?
I read all the comments in here and must say - yes this is a forum for all of us novice or advanced and pro traders and investors But we all have to understand and keep our emotions in level of sanity - this here what we have today is one of the best Businesses, after Monopoly, to make money . . . So having fun, speculations, conspiracy theories is only until a certain point, after WE must do our real decision because we are here to make money ! ! !
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I really wonder if Trevor has boarded a plane and come here to Europe which he has, not in order to do meetings but just so the United States cant use extradition rights, I can just imagine him clearing his safe full of cash before boarding the private jet to arrive wherever he may be where there are no extradition rights to the United States it’s funny how he leaves the country just as this is about to happen
Interesting! 
. . . Hoping he went to visit his investor partners from Iveco, otherwise soon or later the story will unfold and this will damage the whole Industry because there are really good start ups that have future, and something like this will push future investments in IPOs of this type.
It will indeed…
Trevor needs to learn if you’re going to lie then no one should find out especially when there’s billions involved just ask Bernie Madoff.
There are few of this kind - Bernie Madoff/ Theranos - Elizabeth Holmes/ One Coin- Ruja Ignatova . . . The Wolf of Wall Street 
. . . but honestly - I saw the company and idea and had some sort of hope in it - It is holding the name of a great scientist!
I will be honest and say that I made some profit and covered my loses of previous trades BUT because all of this I will stand by and watch.
NIO is way way better as investment option.
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Defo and SHLL is also a very good buy.
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SHLL - yes. Personally I missed on $20 will see if it gets $39-$42 but no more.
Workhorse, Diamondpeak even SPAQ is better in this stage
Yes definitely I own 30 shares in workhorse at the moment but will be adding to it.
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Only 5 left in workhorse - done some trading with them in the begging.
Now the furlough is finishing so I must wait for my 1-2-1 meeting with our HR - apparently I am not in the new structure of the company anymore.
Buying more shares will be on stand by for a moment