A report from Hindenburg Research from Sept. 10 said Nikola’s success was “an intricate fraud” and based on “an ocean of lies” including a video showing a truck rolling downhill to give the impression it was cruising on a highway, and stenciling the words “hydrogen electric” on the side of a vehicle that was actually powered by natural gas.

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Topics:  hindenburg research   sept   nikola s   electric   truck   fraud   
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