<story><title>Grand jury indicts Trevor Milton, Nikola founder, on three counts of fraud</title><url>https://www.cnbc.com/2021/07/29/us-prosecutors-charge-trevor-milton-founder-of-electric-carmaker-nikola-with-three-counts-of-fraud.html</url></story><parent_chain><item><author>_game_of_life</author><text>This should not be surprising to anyone. Arstechnica has followed Nikola&amp;#x27;s terrible and obvious fraud(s) for years now:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2021&amp;#x2F;02&amp;#x2F;nikola-admits-to-making-inaccurate-statements-under-disgraced-founder&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2021&amp;#x2F;02&amp;#x2F;nikola-admits-to-making...&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;12&amp;#x2F;nikola-stock-craters-after-cancellation-of-major-garbage-truck-order&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;12&amp;#x2F;nikola-stock-craters-af...&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;09&amp;#x2F;nikola-patented-a-stolen-truck-design-tesla-claims-in-legal-response&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;09&amp;#x2F;nikola-patented-a-stole...&lt;/a&gt;&lt;p&gt;And many more...&lt;p&gt;The speculation around this stock has been insane for many years now:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;11&amp;#x2F;nikola-stock-soars-after-confused-investors-think-gm-deal-has-closed&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;11&amp;#x2F;nikola-stock-soars-afte...&lt;/a&gt;&lt;p&gt;Top quote: &amp;quot;The market can remain irrational longer than you can roll your eyes at it.&amp;quot;</text></item></parent_chain><comment><author>anyfactor</author><text>I browse through a lot of niche investing social media groups. One of the more liked posts on a Nikola investment group was, &amp;quot;If &amp;quot;they&amp;quot; cared about the future, the earth and the renewable energy issue, they would let whatever Trevor did slide.&amp;quot;&lt;p&gt;Surprisingly, I saw similar posts about Musk on the Thailand rescuer tweet and the price too high tweet. You are not betting against the fundamentals or the realities of the stock, you are betting against these people.</text></comment>
<story><title>Grand jury indicts Trevor Milton, Nikola founder, on three counts of fraud</title><url>https://www.cnbc.com/2021/07/29/us-prosecutors-charge-trevor-milton-founder-of-electric-carmaker-nikola-with-three-counts-of-fraud.html</url></story><parent_chain><item><author>_game_of_life</author><text>This should not be surprising to anyone. Arstechnica has followed Nikola&amp;#x27;s terrible and obvious fraud(s) for years now:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2021&amp;#x2F;02&amp;#x2F;nikola-admits-to-making-inaccurate-statements-under-disgraced-founder&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2021&amp;#x2F;02&amp;#x2F;nikola-admits-to-making...&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;12&amp;#x2F;nikola-stock-craters-after-cancellation-of-major-garbage-truck-order&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;12&amp;#x2F;nikola-stock-craters-af...&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;09&amp;#x2F;nikola-patented-a-stolen-truck-design-tesla-claims-in-legal-response&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;09&amp;#x2F;nikola-patented-a-stole...&lt;/a&gt;&lt;p&gt;And many more...&lt;p&gt;The speculation around this stock has been insane for many years now:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;11&amp;#x2F;nikola-stock-soars-after-confused-investors-think-gm-deal-has-closed&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arstechnica.com&amp;#x2F;cars&amp;#x2F;2020&amp;#x2F;11&amp;#x2F;nikola-stock-soars-afte...&lt;/a&gt;&lt;p&gt;Top quote: &amp;quot;The market can remain irrational longer than you can roll your eyes at it.&amp;quot;</text></item></parent_chain><comment><author>pbreit</author><text>Still a $5b company: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.google.com&amp;#x2F;finance&amp;#x2F;quote&amp;#x2F;NKLA:NASDAQ&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.google.com&amp;#x2F;finance&amp;#x2F;quote&amp;#x2F;NKLA:NASDAQ&lt;/a&gt;</text></comment>