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Nikola’s Talks With Major Energy Firms Stalled Following Short-Seller Report

Talks between electric-truck maker Nikola Corp. and several potential partners, including BP PLC, to build hydrogen-refueling stations stalled following allegations the company had misled investors, according to people familiar with the matter.

The setback is the first outward indication that the controversy is impacting the startup’s ability to execute its business plan.

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