The Securities and Exchange Commission is looking into whether electric-truck maker Nikola Motors misled investors, Reuters reported Monday and the company confirmed to Business Insider. The probe follows a detailed report last week from short-seller Hindenburg Research accusing Nikola of “intricate fraud” and “deception” by overstating the capabilities of its trucks. Nikola’s stock plummeted as…Continue Reading

Nikola Jokic Reportedly Expected to Join Nuggets in the ‘Next Couple Days’

David Zalubowski/Associated PressDenver Nuggets big man Nikola Jokic is reportedly on the way to join his team in Orlando, Florida, for the NBA’s restart plan.”He should be here within the next couple days,” Chris Haynes said of Jokic during a Thursday appearance on TNT’s Inside the NBA. Haynes noted Jokic, who previously tested positive for…Continue Reading

Report: Nikola Jokic Still in Serbia Because of ‘Travel Issues’ Amid COVID-19

David Zalubowski/Associated PressDenver Nuggets center Nikola Jokic remains in Serbia while dealing with travel issues, with no official timetable for his return to the United States.Mike Singer of the Denver Post updated Jokic’s status. It was previously known he did not travel to Orlando, Florida, with the Nuggets, but the team did not disclose whether he was…Continue Reading