Nikola's Downfall: SEC Drops Case, EV Dreams Fade
Update: 2025-09-12
Description
Nikola's founder, Trevor Milton, gets a break as the SEC drops its case against him, but the saga of broken promises and a fallen EV giant continues. From Hindenburg Research's explosive report to Milton's fraud conviction and Nikola's bankruptcy, we dissect the rise and spectacular fall of a company that promised to revolutionize trucking, leaving investors and the industry questioning the fine line between innovation and hype.
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