Submission + - EV Start-up Nikola Agrees to $125,000,000 Settlement (seattletimes.com)
bird writes: Without admitting wrong-doing, would-be electric truck maker Nikola has agree to a $125,000,000 settlement to settle charges that it defrauded investors with false claims about their EV vehicle technology. You may recall the video of a supposedly electric-powered truck that was later admitted to be powered not by a motor but rather by gravity? Nicola.