Nikola threatens Hindenburg with litigation; short-seller 'welcomes it'

Nikola's Badger pickup truck — GM this week grabbed a $2 billion stake in Nikola to build the startup’s Badger pickup.

Fw

By:

From wire reports

September 11, 2020 01:39 PM

Nikola Corp., the startup EV maker that this week announced a multibillion-dollar joint venture with General Motors, said on Friday it could take legal action against short-seller Hindenburg Research, which accused the company of being a "fraud" in a scathing report on Thursday.

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