Nikola Motor(Updates that company says it “proactively” contacted the SEC in third paragraph.) The Hindenburg report came two days after Nikola’s surprise news of a far-ranging manufacturing and technological tie-up with General Motors GM GM +2.1%. “The potential battery technology advancements are related to an ongoing confidential R&D partnership with a leading academic institution, not ZapGo. The company is excited about potential breakthroughs related to its next-generation battery technology,” Nikola said. The Hindenburg report had said that, as of July 2020, no vehicles were being produced.

Source: Forbes September 14, 2020 16:37 UTC