SEQWerks LLC

One thing we constantly focus on with our startup clients is to never get ahead of yourself and always be truthful. This sounds like a very easy and simple concept, but when you are selling a dream to the world and some of the largest investors on the planet as humans it can be easy to sell a bit more of the dream than is reality. As a founder you have to be extremely careful not to get ahead of the reality. Most if not all investors understand that product development takes time. When you are focused on disrupting an industry, there is a balance that you have to live. It has to become so ingrained in your thinking that very few can do it successfully. I hope that Nikola will pull through as a company and for the needed competition across the industry.

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https://www.cnbc.com/2021/02/25/nikola-is-paying-8point1-million-in-legal-fees-for-ousted-chairman-milton.html

Nikola admits ousted chairman misled investors as legal costs mount The fees are part of increased legal expenses of $27.5 million primarily related to regulatory/legal matters in connection to fraud claims by a short seller.