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Just weeks after auto startup Nikola became one of the world's highest-valued companies, its ceiling came crashing down when short-seller Hindenburg Research accused the company of "intricate fraud." Hindenburg alleged Nikola had passed off bought-in technologies as self-developed, triggering an investigation by the United States government and the resignation of Nikola founder Trevor Milton. And Nikola's sub-contracture allegedly doesn't end with technology, as a Financial Times report alleges even Nikola's design for the hydrogen-powered One semi-truck was outsourced from Croatia.

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Nikola Founder Claimed He Designed EV Semi Truck In His Basement - In Reality He Bought The Plans From Rimac

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