Nikola Agrees to Pay $125 Million SEC Fine; Delivers First Electric Semis
According to CNN Business, electric vehicle (EV) startup Nikola has agreed to pay a $125 million USD fine to settle charges brought by the U.S. Securities and Exchange Commission (SEC) alleging that the company let its founder, Trevor Milton, defraud investors. Milton resigned as executive chairman of Nikola in September 2020 after several deceptions pertaining to […]