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 […]
A bombshell report was released last week by Hindenburg Research, alleging Nikola Motors was an “intricate fraud” and used lies and deception to trick investors into giving up their hard-earned money. After the report was […]
A bombshell report released early Thursday claims “electric truck maker” Nikola Motors used lies and deception to trick investors and the public to bolster its bottom line. The report was published by Hindenburg Research, which […]
If you’ve been on the internet lately, you’ve probably heard of Nikola Motors. The Arizona start-up recently made its debut with an IPO on NASDAQ, and now has a market capitalization higher than long-time auto […]
