Nikola Settles Fraud Charges by Paying $125 Million to SEC

After delivering an electric truck before Tesla managed to start producing the Semi, Nikola may have reached another crucial point in its history: getting rid of fraud accusations with the U.S. SEC (Securities and Exchange Commission). The only issue is that it was not cheap: the company agreed to pay $125 million to settle the charges. SEC makes it clear that most accusations have to do with Trevor Milton’s behavior. The commis... (continue reading...)