Agreed, when I read their response I thought that what they didn't say spoke volumes.
Hindenburg's article covered every company in Trevor Milton's professional career from dropping out at Utah Valley State to Nikola. Hindenburg gave evidence that Milton perpetuated fraud at every single company he was involved in and they only challenged the 250 million option at DHybrid.
I think the issue the legal team faces is that many of the things Trevor says are clearly false and misleading.For example, he claimed multiple times that Nikola is generating 3.5 megawatts of energy from solar panels on their roof. There is simply nothing there, it is a bold lie so naturally it's not referenced in their response at all.
The entire company is built around mysterious battery tech that's twice as efficient as Tesla's batteries and hydrogen production at 18.75% of current cost.
That is the central fraud in the company just as the unrealistic notion of droplets of blood for reliable testing was at Theranos.
Eventually, if Nikola persists in trying use hydrogen they will face the technological and economic reality they've been hiding from investors and the company will fail.
I've always wondered why horses are not used as livestock since they can also produce milk and have commercial use as well such plowing fields or transportation.
If you look on LinkedIn you'll see the vast majority of "African-American" Ivy League alumni are actually African immigrants. It seems without fail when I run into someone black that's a successful doctor or lawyer they often turn out to be an African immigrant. They're often quite coy about it and will only tell you when you ask them directly.
There's nothing wrong with immigrants but it seems as though immigrants are benefiting from programs meant to help the descendants of African-American slaves. The only question is if the Ivy League universities care about this or not.
Most of the black students are probably African immigrants. I see it all the time. If you just browse through LinkedIn and look at black Harvard/Ivy League alumni you'll immediately notice all the African immigrants
Are you sure?
In the recent book about Uber written by Mike Isaac,the author stated that Lyft was the first to launch a low cost ride service with non professional drivers and Uber rushed to copy them.
I actually think the Pwc partner example is a poor one. Not all people that work at Pwc want to become partner as it necessitates 4 months/year of 7 day 94 hour work weeks for 8-12 years. Most people get the brand on their resume and then leave.