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Short Seller Targets QuantumScape, Battery Startup Responds
Apr 16, 2021 1m ago ++ Even so, Scorpion Capital’s report made QuantumScape’s stock fall 15 percent on April 15.
After Hindenburg Research debunked and short-sold Nikola and Lordstown Motors, we were asking which company they would chase in the EV world. Surprisingly, another research company – Scorpion Capital – emerged, claiming that QuantumScape is a “pump-and-dump SPAC scam” that made “Theranos look like amateurs.” The solid-state battery startup felt the punch with a 15 percent stock devaluation, but it fought back.
Scorpion Capital said QuantumScape’s claims about its solid-state technology are fraudulent and misleading. It interviewed nine ex-employees from QuantumScape, and all of them would have said that the solid-state battery would take at least ten more years to reach the market if the science behind them was real.
GermanyGermanJagdeep-singhBloombergHindenburg-researchVolkswagenAfter-hindenburg-researchLordstown-motorsScorpion-capitalVolkswagen-power-dayஜெர்மனிஜெர்மன்Police busts international & another inter-state drug smuggling in Punjab
Hoshiarpur, Apr 3 (UNI) The district police Hoshiarpur Saturday claimed to have busted one
international and another inter-state gang of drug smugglers by arresting six people in
two separate incidents. The police recovered 8 Kg heroin, having market value of about Rs 40 crore, five Kg poppy husk, Rs. 20 lakhs drug money, a Fortuner Car and a Scorpio jeep from them.
Addressing mediapersons here Saturday afternoon, SSP, Hoshiarpur, Navjot Singh Mahal said police was tipped-off that some people were smuggling huge quantity of Heroin in white colour Fortuner car from Jammu and Kashmir.
A special nakabandi (check-post) had been erected by ASP, Garhshankar, Tushar Kumar Gupta and DSP, NDPS Hoshiarpur, Prem Singh at village Thuana on Mahilpur-Phagwara road Friday night to nab the drug smugglers. Police intercepted a white colour aforesaid Car on the said nakabandi. During search of the car police seized 8 kg heroin, packed in 8 packets, hidden in a cavity created near the radiator beneath the front bonnet of the vehicle.
IndiaKhushal-singhPunjabPakistanJammuJammu-and-kashmirJagraonGarna-sahibHarbans-singhGarhshankarSukhiUttar-pradeshWhile searching the vehicle, police seized 8kg of heroin, which was hidden in a cavity created near the radiator of the car, police said. (Representative Image)
HOSHIARPUR: The Punjab Police has busted a gang of drug smugglers, with the arrest of three persons, and seized 8kg of heroin, an official said on Saturday.
Addressing the media here, Senior Superintendent of Police (SSP) Navjot Singh Mahal said acting on a tip off, a police team stopped an SUV at Thuana village on the Mahilpur-Phagwara road on Friday night.
While searching the vehicle, police seized 8kg of heroin, which was hidden in a cavity created near the radiator of the car, police said.
HoshiarpurPunjabIndiaBarnalaJammuJammu-and-kashmirPatialaGarna-sahibDelhiPakistanJagdeep-singhManpreet-singh