Hacker News new | ask | show | jobs
by cheema33 491 days ago
> Figured they were selling enough to keep going but guess not.

They were buying their vehicles from Iveco in Europe. Putting their name on them and selling them at a loss here in the US. Making money by selling vehicles was never the goal with this company. Defrauding foolish investors was the primary money maker.

1 comments

“The stock is the product!”