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Snake Oil Car Company Acknowledges Snake Oil Dealing

This is from a company that is valued at $20 billion. Think about that and let that sink in. Because of their relationships with powerful people, they can pull this BS and no one will go to jail or fail. If anyone thinks our economy is fair, then you must be part of the problem.

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Update: GM says they did “appropriate diligence “. I love how Nikola’s CFO says that GM management knows what they’re doing. Because it’s not like GM hasn’t screwed up royally in the past and it’s decisions have always demonstrated it to be a very competent and financially sound company.

/s

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