Matt Robinson

Business, Technology

Nikola to Pay $125 Million SEC Penalty Over Milton Comments

Nikola to Pay $125 Million SEC Penalty Over Milton Comments The Nikola Two FCEV Sleeper is a long-haul freight solution with hydrogen capacity allowing a non-stop range of up to 900 miles. (Nikola Corp.)

Nikola Corp. will pay a $125 million penalty to the U.S. Securities and Exchange Commission over allegedly misleading statements its founder and former CEO made to investors about the electric vehicle startup.

Matt Robinson | Bloomberg News
December 21, 2021