Can Nikola Prove the Doubters Wrong? 5-Star Analyst Weighs In

Whatever your opinion on EV truck maker Nikola (NKLA), boring is one description that cannot be attached to the company and its assorted shenanigans.After inking a credibility boosting deal with auto giant General Motors last week, the bears came out dancing, after a withering report from Hindenburg Research accused the company of fraudulent activites. The euphoria was replaced by alarm as reflected by the stock’s steep decline. It now turns out the US Securities and Exchange Commission (SEC) is looking into the allegations, which no doubt will further fan the flames of controversy surrounding Nikola and headline grabbing founder Trevor …read more

Source:: Yahoo Finance

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