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GM pulls plug on plans to build Badger ute, invest in Nikola

With Nikola accused of serious fraud, General Motors has extracted itself from a deal which would see it take an 11 per cent stake in the startup.

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Derek Fung

Nikola founder steps down amid fraud claims

Derek Fung

 Nikola founder steps down amid fraud claims

Trevor Milton, Nikola's founder and executive chairman, has stepped down amid allegations the company lied about its engineering achievements.

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