Nikola Will Pay $125 Million To Settle Fraud Charges As Indicted Ex-CEO Tumbles Out Of Billionaire Ranks
Shares of Nikola skyrocketed nearly 600% before the allegations came to light. They're since tumbled more than 85%.
not really a nikola truck though
The US company – which faced multiple allegations of serious fraud over the past 18 months – has finally pulled the covers off its first production vehicle ... sort of.
Theres some great short docos on youtube about the whole scam. very interesting.
Ihis is the theranos of the logistics industry really.