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onethought
on July 24, 2021
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EV startup Rivian announces $2.5B funding round le...
Fraudulent merger that was voted for by 85% of shareholders? That has done nothing but increase Shareholder value. Yep, absolute criminals!
cma
on July 24, 2021
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Fraud can increase shareholder value when a company is in speculative stages. Cheaper than a normal roof!
onethought
on July 25, 2021
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So what was the fraud?
cma
on July 25, 2021
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One part was the fake shingle demo.
onethought
on July 26, 2021
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I'm confused which one you mean, shingle is not a term used in my locale. The roof tiles? Are the roof tiles fake?
cma
on July 28, 2021
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Yeah the demoed roof tiles pushing through the SolarCity acquisition were fake mockups. Later they never got them to work near the price point that pushed the deal through and now have a redesign making them close to the size of small panels.
onethought
on July 29, 2021
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And it’s certain it was fraud and not r&d not able to achieve the results they initially thought they could?
cma
on Aug 1, 2021
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Similar to a kickstarter for a useful hoverboard.
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