Here we go again.
Almost six months to the day after its broadside alleging fraudulent business practices at startup Nikola Motors (NASDAQ: NKLA), short seller Hindenburg Research is firing on electric pickup truck startup Lordstown Motors Corp. (NASDAQ: RIDE). Similar claims. Different details.
Hindenburg was enormously successfully — and partially validated by Nikola’s own internal investigation finding that founder Trevor Milton misrepresented facts about Nikola’s technology and capabilities....
https://s29755.pcdn.co/news/news-analysis:-nikola-tormentor-opens-fire-on-lordstown-motors