The Securities and Exchange Commission is examining Nikola Corp. to assess the merits of a short-seller’s allegations that the electric truck maker deceived investors about its business prospects, according to people familiar with the matter.
The Securities and Exchange Commission is examining Nikola Corp. to assess the merits of a short-seller’s allegations that the electric truck maker deceived investors about its business prospects, according to people familiar with the matter.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.