The Nikola Badger. Photo: Courtesy Photo Electric Car Co. Shareholder Lawsuit Alleges Founder Lied About In-House Production, Status of Tech
A shareholder suit alleges the Nikola's reputation and success, including a recently announced $2 billion in-kind agreement with General Motors, were based on lies.
September 24, 2020 at 07:03 PM
4 minute read
A week that began with its founder's resignation brought additional trouble for electric vehicle company Nikola Corp. on Wednesday when a shareholder filed a lawsuit in the U.S. District Court for the District of Delaware.
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