According to MarketWatch, Hindenburg research, a short seller, published a report on Nikola, an electric truck maker, on Thursday, accusing the company of being a “complex scam” whose founder and executive chairman, Trevor Milton, had been lying for years, according to MarketWatch. < / P > < p > “we’ve collected a lot of evidence – including phone recordings, text messages, personal emails and behind the scenes Photos – detailing dozens of false statements by Nikola founder Trevor Milton.” According to the report. < / P > < p > “we have never seen such a degree of fraud in a listed company, especially a company of this size.” Nikola misled its partners by making false claims about the company’s technology, including its hydrogen fuel cell, which Hindenburg said never existed. < / P > < p > after signing an agreement with GM this week, the company is now planning to use GM’s battery technology, under which it will issue $2 billion in new shares to GM. < / P > < p > “Nikola has passed the audit of the world’s most trusted companies and investors,” a spokesperson said in an email comment. “We are on the road to success and will not be swayed by a report full of misleading information trying to manipulate our shares.” Global Tech