• Oli Capital

EV Start-Up Nikola Settles With US for $125 Million

Nikola founder Trevor Milton leaves a federal courthouse in New York, July 29, 2021. Image Source: U.S. NEWS

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.



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