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EV startups are burning through cash. Can they attract more investment?
In September 2020, Hindenburg Study introduced its report on Nikola, saying it was “an intricate fraud.” The firm acknowledged a truck appearing to cruise down a desert street under its personal electrical power in a online video was not. The SEC released an inquiry. Eventually, Trevor Milton, Nikola’s founder, was convicted of fraud. Nikola settled with the SEC for $125 million. In 2021, J Cash Exploration posted a report contacting Faraday Upcoming “nothing but a bucket to obtain funds from U.S. traders and pour it into the black hole of personal debt designed by its founder.” A enterprise spokesperson explained “the substantive allegations of inaccurate disclosures” in the report “ended…
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Burning of Qur’an in Stockholm funded by journalist with Kremlin ties | Sweden
The Qur’an-burning incident in Stockholm that threatens Sweden’s bid to be part of Nato was funded by a considerably-correct journalist with one-way links to Kremlin-backed media, it has emerged. The holy book was set alight previous Saturday in the vicinity of Turkey’s embassy in Stockholm by a significantly-correct politician and anti-Islam provocateur, Rasmus Paludan, a dual Danish-Swedish nationwide, with a name for carrying out comparable acts. Swedish media have reported that Paludan’s demonstration allow of 320 Swedish krona (£25, $31) was paid for by a former contributor to the Kremlin-backed channel RT, Chang Frick, who now does regular media spots for the much-ideal Sweden Democrats. Frick has confirmed he compensated…
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