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Articles by Hindenberg Research
Temenos fight back after Hindenburg Research massacre
Embattled core banking provider Temenos has hit out at Hindenburg Research’s claims that there are “major accounting irregularities, failed products and an illusive turnaround” at the firm. The research note, widely circulated on the 15th February, made substantive claims about the firm which underwent significant hardships in late 2022 when it lost a fifth of its value after ditching its full-year guidance and reporting a steep fall in Q3 2022 profit.
How Lordstown Motors turned $5 Billion Into $30 Million In Five Years
Lordstown Motors used to be an electric vehicle startup worth $5 billion at its peak in September 2020. The EV startup is now worth just $30 million and continues to nosedive in value. What once was a promising electric pickup manufacturer, valued at an exorbitant amount, dwindled into nothing in just five years. The Lordstown Endurance, an ironically named electric prototype, was an innovative vehicle. One that hoped to achieve greatness in the pickup truck market perfected, dominated by Ford.
Indian Minister involved in international scam and terror racket
In a shocking turn of events, an Indian Minister has been linked to an international scam and terror racket. The minister is said to have been involved with a network of scams, fraud, and cyberterrorism. Our investigation has revealed that this Indian minister was part of an international scam and cybercrime syndicate ‘SkyPower Global‘ that was involved in a range of illicit activities.
Porsche 911 Vs Taycan Drag Race Settles Debate Over Quicker Turbo S Versions
A Nissan GT-R boosted to the tune of 820 hp also gets into the mix. Sibling rivalries aren't uncommon among horses within the same stable or cars within the same auto company. A rivalry is also brewing between the Porsche's perennial 911 sports car and the record-setting Taycan EV. Thus, a drag race between its most potent versions—the Porsche 911 (992) Turbo S and the Taycan Turbo S—would be a spectacle. This contest was recently made possible by the 888MF YouTube channel.
Lordstown Motors: Serious Allegations Of Fraud Revealed By Hindenberg Research
The report sites potentially fraudulent pre-order numbers used to attract more capital and the lack of a properly running prototype. Now that Elon Musk has proven that electric cars offer a serious business opportunity with the increasingly popular lineup of Tesla models, the rest of the automotive industry appears hot to trot.
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