Electric truck maker Nikola suspects a fire that broke out outside its Phoenix headquarters and damaged multiple trucks was the result of foul play, the company announced on Friday, as its shares plummet nearly 8%, though the cause of the fire has not been determined.
Why wouldn’t I believe that?
So, now we check which member of management was the last to check the fire insurance policy. For foul play by whom?
Regardless of how the fire started, the consequences are clear. Those lithium batteries are a bit of a challenge when they burst into flames.
Smith: I had a fire in my factory last month and the insurance company was incredible. It ended up with me not losing a penny as a result of the fire.
Jones: Well I had a flood in my factory last month and can you believe the insurance company, I’m actually better off than if there hadn’t been a flood.
Smith: Um, how do you start a flood?