• Nikola says it built the first prototype of its electric semitruck as it reports third-quarter losses and grapples with fraud allegations

    23 days ago - By Business Insider

    Nikola has run into trouble before when it comes to claims about its semi truck prototypes.
    Nikola announced Monday that it completed the first prototype of its Tre semitruck.
    It built the prototype in partnership with manufacturer IVECO, and plans to finish four more prototypes by the end of the year.
    One of the central fraud allegations Hindenburg Research leveled against Nikola earlier this year had to do with the capabilities of its first semitruck prototype, the Nikola One.
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