I'm still highly skeptical of Nikola, but it's not quite fair to characterize their response this way. The chairman here isn't complaining about the trading activity itself, just about the traders' report which he claims is full of lies.
Several of the claims should be fairly straight forward to dispute. For example, they should have some video of the truck driving under its own power as opposed to coasting down a long downhill. Certainly in this day and age they have plenty of documentation of their vehicles during testing and development.
To be clear, though, he’s complaining it’s full of lies, while saying he won’t debunk them because they’re asking the SEC to get involved. Which will take years, and needn’t prevent them from disproving the claims.
