Trevor Milton, ex-CEO of electric truck maker Nikola, begins fraud trial
Trevor Milton, the founder and former CEO of electric truck maker Nikola, is standing trial on federal charges of fraud.
Nikola taps its president for CEO post
Electric truck maker Nikola announced Wednesday that President Michael Lohscheller will become CEO on January 1. Lohscheller, who will replace CEO Mark Russell upon his retirement, has joined the Niko
Nikola delays shareholder meeting to drum up support to issue more shares
Troubled electric truck maker Nikola adjourned its annual meeting to July 18, giving the company time to lobby shareholders to pass a money-raising measure to issue more shares of common stock. Nikola
Hype, hope and money: Your guide to all the EV SPAC investigations going on
If 2020 and 2021 were the years of the SPAC, 2022 is shaping up to be the year of the reprimand.
Why EV startups should’ve hit the brakes before merging with a SPAC
The blank-check boom that made real many electric vehicle manufacturers' dreams of going public may be nearing a close.
Nikola reports EV truck progress, stiff losses as it closes out turbulent 2021
Nikola Corp., the electric truck startup that went public via a SPAC, is coming closer to commercial activity after a history of over-promising, missed deadlines and investigations into its founder fo
Nikola and Bosch ink deal for hydrogen fuel cell modules
Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-truc
Nikola founder Trevor Milton indicted on three counts of fraud
Milton 'engaged in a fraudulent scheme to deceive retail investors' for his own personal benefit, according to the federal indictment unsealed by U.S. Attorney's Office in Manhattan.
Nikola’s chairman steps down, stock crashes following allegations of fraud
Nikola Corp. founder and Executive Chairman Trevor Milton is stepping down from the electric truck company effective immediately. This comes in the wake of a report from a noted short-seller accusing
Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla
Nikola Motor Company, the Arizona startup that made its debut as a publicly traded company June 4, will open reservations later this month for a hydrogen fuel cell electric pickup truck that was desig