EV startup Nikola (who showed video of car rolling down hill as being powered) settles with U.S. for $125 million
Electric- and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances and financial prospects. Nikola violated the antifraud and disclosure control provisions of the federal securities laws, the Securities and Exchange Commission said Tuesday. In July the founder and Read more about EV startup Nikola (who showed video of car rolling down hill as being powered) settles with U.S. for $125 million[…]