NIKOLA SHARES SLUMP AS GM SCALES BACK STAKE IN IT

Highlights

• The impact of this GM's decision was immediately visible on Nikola shares as they plunged 24.75 percent on 11:12 a.m.

• Nikola Corp was accused of fraud by short-seller Hindenburg and an inquiry was opened by the U.S. Securities and Exchange Commissi...

NIKOLA FOUNDER AND EXECUTIVE CHAIRMAN TREVOR MILTON RESIGNS AMID FRAUD ALLEGATIONS

Highlights

• Trevor Milton is his statement said Nikola is truly in his blood and always will be, and the focus should be on the company and its world-changing mission and not him, hence he made the difficult decision to approach the board and volunteer to step aside as executive c...

HINDENBURG RESEARCH ALLEGES NIKOLA IS AN INTRICATE FRAUD, TRUCK MAKER DENIES ALL CLAIMS

Hindenburg Research, a short-selling investment firm has accused the buzzing electric truck maker company Nikola of lying for about its products and deals with other companies for years. Hindenburg Research in its report that was published on Thursday has accused Nikola founder and present-day ex...