Nikola probed by SEC, DOJ over fraud claims

nikola-probed-by-sec,-doj-over-fraud-claims

Nikola TwoThe share price of EV startup Nikola has been on a tear since May, resulting in the company’s market cap growing billions (bigger than even Ford’s) despite none of Nikola’s promised vehicles actually reaching sale. But on September 10, a company by the name of Hindenburg Research published a report alleging deception and fraud surrounding the…

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