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The Ministry of Justice investigates the start-up of electric truck Nikola claims that it misled investors



The Department of Justice has joined U.S. Securities and Exchange Commission to investigate allegations that electric truck startup Nikola Corp. misled investors by making exaggerated claims about its technology, according to people familiar with the matter.

The Justice Department’s investigation is being handled by the U.S. Attorney’s Office in Manhattan and is working with the Securities and Exchange Commission, which has launched its own investigation into the allegations about Nikola, the people said.


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