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The new arms race in electric cars is in battery technology, as Tesla, General Motors and other companies hunt for better, cheaper power cells to push electric vehicles toward mass acceptance.
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Questions concerning the veracity of Nikola and Milton's claims, along with the steady drumbeat of negative comments from the financial community, cast doubts on the electric-truck company. This caught the attention of securities regulators and the Department of Justice.
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Manufacturing to scale takes time.
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Boosted by the powerful rally in its shares this year, Elon Musk's company has seen its rivals' electric vehicles sputter
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