After recently settling with the US Securities and Exchange Commission (SEC) and agreeing to pay $125 million over federal security law violations, Nikola Corp. has dropped its $2 billion patent infringement lawsuit against Tesla. According […]
On Tuesday, Nikola settled with the US Securities and Exchange Commission (SEC) over federal security law violations. The company will pay a penalty of $125 million. The SEC noted that Nikola violated the federal securities […]
While Nikola Corporation founder Trevor Milton continues to battle it out in court over charges of misleading investors, the company reached a major milestone this week. The company delivered its first two Tre battery-electric semi […]
Founder of Nikola Corp, Trevor Milton, is hoping a federal judge will throw out two of three indictments accusing him of misleading investors. Milton filed multiple motions to dismiss charges on Wednesday, noting issues about […]
Even though he was forced to resign earlier this year, Trevor Milton was able to retain his shares in the company he founded, Nikola Corp. It turns out that was a good deal. Milton has […]
Nikola Corp. is expecting to pay a lot of money to the U.S. Securities and Exchange Commission (SEC) to settle the ongoing case against founder Trevor Milton. On Thursday the company announced it has reserved […]
A new order by Judge James Donato noted Nikola’s patent lawsuit against Tesla over the design of their Semi will remain administratively closed but won’t be dismissed. In order to keep the lawsuit alive, the […]
A Federal Judge has closed Nikola’s $2 billion patent infringement lawsuit against Tesla. According to court records, the judge pulled the case after the two automakers stopped responding. Back on July 7, the court asked […]
Nikola announced they formed a strategic partnership with Bosch. The partnership allows Nikola to use Bosch fuel modules for its hydrogen-powered trucks. In addition, Nikola will make the energy devices on-site in its Arizona-based factory. […]
A federal grand jury indicted Trevor Milton, the founder of Nikola, on three counts of criminal fraud. The charges come after Milton lied about nearly all aspects of the business to bolster stock sales of […]
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