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StockNews.com
Business
Anushka Dutta

EXPLAINED: 1 ev stock with serious red flags to avoid right now - The Real Truth

Nikola Corporation (NKLA) is a technology innovator that develops energy and transportation solutions. The company operates through its two broad segments: Truck, which commercializes battery hydrogen-electric and battery-electric semi-trucks, and Energy, which constructs a network of hydrogen fueling stations.

NKLA’s founder Trevor Milton is on trial for securities and wire fraud charges. He is accused of evading investors by making inoperable products look fully functional and of lying about the company’s technology and partnerships.

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