Nikola Motor is [officially] no longer in trouble after agreeing to a multi-million-dollar settlement with the SEC

We’re gonna have to talk about Nikola for the second day in a row because after delivering its first electric semi trucks, the Arizona-based EV manufacturer is moving on, putting past legal issues behind it with a $125mln settlement with the US Securities and Exchange Commission (SEC). It’s a well-known story but let’s do a … More Nikola Motor is [officially] no longer in trouble after agreeing to a multi-million-dollar settlement with the SEC

Rivian plans $5bln facility in Georgia, reports $1.2bln Q4 loss, delivers first electric SUVs

Rivian went public a few months ago and one of the key elements of being a public company is you have to report everything and anything to the shareholders. That’s how we know that Rivian has finally delivered its first electric SUVs (after the trucks), while committing to a $5bln investment in the new production … More Rivian plans $5bln facility in Georgia, reports $1.2bln Q4 loss, delivers first electric SUVs