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 […]
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 Motors founder and former CEO Trevor Milton was in a New York court on Monday in an attempt to have his criminal fraud case dismissed. Milton’s legal team was also hoping to have the […]
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 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 […]
The hits keep on coming for Nikola Motors as its partnership with General Motors appears to be on shaky ground after the automaker pushed the closing date back to December. The partnership between GM and […]
Nikola Motors founder and ex-executive chairman Trevor Milton reportedly purchased the original design for the Nikola One semi truck from a Croatian-based designer. The Nikola One semi is the reason for a $2 billion lawsuit […]
The ongoing saga that is Nikola Motors has taken another turn as Trevor Milton is reportedly now the former Executive Chairman and is longer part of Nikola Motors. A report by FreightWaves.com citing sources close […]
Things are going from great to bad to worse for Nikola Motors. The great was announcing a partnership with General Motors (GM) that would see the legacy automaker “engineer, validate, homologate and build” the Nikola Badger pickup […]
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