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California EV program gave Nikola Corp. $50 million despite former CEO's fraud conviction

Posted on October 18, 2026
By Los Angeles Times
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1 min read

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California EV program gave Nikola Corp. $50 million despite former CEO's fraud conviction

Nikola Corp.'s former CEO was indicted for fraud. His company's vehicles were the most heavily subsidized in California’s $1-billion clean truck incentive program on average.