#AceFinanceDesk – Shares of electric truck maker Nikola fell Tuesday after Bloomberg news reported that the U.S. Securities and Exchange Commission is looking into short seller claims that the company misle d investors

“The report, titled “Nikola: How to Parlay An Ocean of Lies Into a Partnership With the Largest Auto OEM in America,” was released two days after the company announced a deal with General Motors that sent both companies’ shares soaring. It characterised Nikola as an “intricate fraud built on dozens of lies” by Milton.” According to CNBC

Published: Sept.15: 2020: https://t.co/xXkjf9iIRJ

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