Electric Truck Maker Nikola to Pay $125 Million in SEC Settlement Following Fake Demo
The agency claims the company and its former founder defrauded its investors by lying about its products and technical capability.
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Electric Truck Maker Nikola to Pay $125 Million in SEC Settlement Following Fake Demo
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EV start-up Nikola settles with US for $125 million
SeattlePI.com
Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors..