Remember how quickly the wheels came off Enron and GM in their bankruptcies? Now Nikola in quite apparently getting caught peddling vaporware to investors with a mark to market style bait and switch on having working technology and prototypes developed in house is now claiming in Enron 'mark to market' style that its ok because it has a working protype now. That is a version of "check is in the mail" and "money is in the bank" claims. But when dealing with ponzi can kickers you have to flip over the shells in their shell game and actually verify. Nikola needs to demonstrate right now to the world independently verified that it has working prototypes. This also wasn't a case of GM bean counters getting tricked. GM too is a ad company that outsources its ads. GM right now is peddling some renders of the wheels of its "supertruck" to distract. Its an OEM it knew Nikola was peddling vaporware. What about its own obligation to the public and its shareholders. This is more distraction.