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California Backed Nikola With $50 Million. Its Founder’s Indictment Didn’t Stop the Subsidies

Source: Inc.com ·
Historic federal courthouse building in Wheeling, West Virginia
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The now-bankrupt manufacturer was allowed to participate in a California incentive project in 2022. Its founder was indicted in 2021.

Read the full story at Inc.com

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Inc.com.

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Hackers hit AI coding tool OpenCode, running up charges on users’ AI accounts

OpenCode is an open-source AI coding agent that's become a popular alternative to Claude Code and Cursor. But hackers got into part of its online platform and stole some…

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Startup taps underwater volcano as energy source in "proof point" test

Can undersea geothermal power help Pacific Rim nations cut down on oil imports?

Ars Technica ·