From his Wikipedia page: > In September 2020, two days after Nikola established ties with General Motors, short seller Hindenburg Research released a report ac

From his Wikipedia page: > In September 2020, two days after Nikola established ties with General Motors, short seller Hindenburg Research released a report accusing Milton of making false statements and characterizing Nikola Motor Company as "an intricate fraud" over many years.[4] Nikola stock fell by 8 percent that day, and fell an additional 15 percent the following day after Milton failed to deliver his rebuttal as he previously promised on Twitter.[8][9][10] Further verification by Bloomberg and Financial Times confirmed some of the details presented in the report.[11][12] As of September 12, 2020, Nikola Motor Company was being investigated with regard to a shareholder lawsuit by at least one law firm for possible fraud as detailed in the report from short seller Hindenberg (most of which referred to statements and actions by Milton). [13] On September 14, Bloomberg, the Financial Times, and the Wall Street Journal all reported that the US Department of Justice joined the SEC in the investigation related to potential securities fraud. https://en.wikipedia.org/wiki/Trevor_Milton https://en.wikipedia.org/wiki/Trevor_Milton