The founder and former CEO of Nikola Trevor Milton has been found guilty of securities and wire fraud on Friday. The charges were related to comments he made during his time at the helm of […]
Nikola has been embroiled in one controversy after another thanks to their former CEO Trevor Milton. However, the company did manage to build battery electric semi trucks during all of these in the form of […]
Nikola’s CEO, Mark Russell, is leaving the company and will be replaced by an insider, Michael Lohscheller. The company announced it had started production of its Tre truck in March. Russell will leave by Jan 1st […]
TC Energy is looking into the possibility of constructing a hydrogen production hub near a natural gas storage facility in southern Alberta. If the project moves ahead, one of their main customers will be Nikola. […]
Nikola announced it had started production on its first battery-powered semi-truck, the Tre. According to the company, production started on Monday at their Coolidge, Arizona factory. The company will begin delivering the trucks in the […]
After a year of turmoil, Nikola Corporation announced on Tuesday Michael Lohscheller as the new President of Nikola Motors. Lohscheller is an accomplished automotive executive with experience with some of the largest automotive brands in […]
Nikola Motor Corp. has expanded their electric vehicle (EV) battery supply chain. The electric truck maker announced a new long-term deal with Proterra for a supply of batteries for its TRE semi trucks. According to […]
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 […]
