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Tuesday, December 21, 2021

EV start-up Nikola settles with US 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.

source https://www.seattletimes.com/business/ev-start-up-nikola-settles-with-us-for-125-million/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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