I first spoke with Nikola Motor founder and then-CEO Trevor Milton in 2016. I had no idea who he was other than somebody that wanted to bring to market a Class 8 tractor with 2,000 horsepower and ...
In December 2023 founder Trevor Milton was sentenced to four years in prison after being convicted of exaggerating claims about his company’s production of zero-emission 18-wheel trucks, leading ...
Nikola's leadership has come under question, particularly after its founder and then-CEO Trevor Milton was convicted of fraud in 2022 and sentenced to four years in prison the following year.
Investors’ short-lived enthusiasm for Nikola made its founder, Trevor Milton, and other early investors wealthy. But before long, significant doubts emerged about Mr. Milton’s claims about the ...
Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year. Nikola was a hot start-up and rising ...
Nikola Founder Trevor Milton Charged with Fraud The company also saw quick turnover in its top ranks after its former CEO and founder Trevor Milton stepped down from the post and was charged with ...
At the trial of founder Trevor Milton, prosecutors say a company video of a prototype truck appearing to be driven down a desert highway was actually a video of a nonfunctioning Nikola that had ...
At the trial of founder Trevor Milton, prosecutors say a company video of a prototype truck appearing to be driven down a desert highway was actually a video of a nonfunctioning Nikola that had ...
Nikola Corp. filed for bankruptcy, culminating a long decline for the onetime darling of the electric-vehicle industry, which grappled with weak sales and cycled through CEOs in the wake of a fraud ...
Founded in 2014 by Trevor Milton, Nikola went public in June 2020 through a merger with a special purpose acquisition company. At its peak, the company was valued at $30 billion and signed a ...
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for bankruptcy Wednesday.
Nikola founder Trevor Milton, right, was sentenced to four years’ jail. PHOTO: YUKI IWAMURA/BLOOMBERG NEWS U.S. Attorney Damian Williams said in 2023 that “Trevor Milton lied to investors ...