Re:We View Nikola’s Response as a Tacit Admission of Securit...
by liability on Tuesday September 15, 2020 @11:47AM
(#24482606)
> Tesla has revenues - real revenues at least. They have real products.
So did Enron. That doesn't mean there's no fraud to be found.
> Before its bankruptcy on December 3, 2001, Enron employed approximately 29,000 staff and was a major electricity, natural gas, communications and pulp and paper company, with claimed revenues of nearly $101 billion during 2000.
Much of that apparent revenue was fraudulent, but not all of it. Enron really was an energy company, but was also engaging in fraud.
So did Enron. That doesn't mean there's no fraud to be found.
> Before its bankruptcy on December 3, 2001, Enron employed approximately 29,000 staff and was a major electricity, natural gas, communications and pulp and paper company, with claimed revenues of nearly $101 billion during 2000.
Much of that apparent revenue was fraudulent, but not all of it. Enron really was an energy company, but was also engaging in fraud.