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Death by Electrocution

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

When was the last time that GM was important? The 1950s, I guess? In any event, the week started off with the huge news that GM had bought a butt-ton of NKLA stock. Nikola shot up over 50%. As the chart shows below, anyone who go suckered into GM’s big-brained decision got their heads handed to them. The company is being called a fraud and, shockingly, the company says that just ain’t so.

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