Category: trevor milton

Nikola electric truck founder resigns in the wake of SEC investigation

[ad_1] Following a fraud accusation by a short firm and potential probe by the US Securities Exchange Commission (SEC), Nikola founder Trevor Milton is stepping down as executive chairman. “Nikola is truly in my blood and always will be, and the focus should be on the Company and its world-changing mission, not me,” Milton said […]

The SEC is reportedly looking into Nikola’s electric truck promises

[ad_1] As far as charges that the video showing it rolling was faked, Nikola offers this as the best rebuttal it can muster: “Nikola never stated its truck was driving under its own propulsion in the video, although the truck was designed to do just that (as described in previous point). The truck was showcased […]