Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.
Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
E.V. Start-up Founder Could Get Prison Term in Fraud Case
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
An Activist Short Seller Gets His Day in Court
Nathan Anderson, who exposed evidence of fraud at Nikola, says he feels vindicated by its founder’s conviction.
Nikola Founder Trevor Milton Is Convicted of Fraud
Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.
Trevor Milton of Nikola Begins Trial in Fraud Case
Prosecutors say Trevor Milton, former chief executive of Nikola, lured retail investors with lies about the electric truck company’s technology.
Nikola Founder Trevor Milton Charged With Securities Fraud
Federal prosecutors charged Mr. Milton with misleading investors about the technology for battery- and hydrogen-powered vehicles Nikola had hoped to manufacture.
Lordstown Motors’ Top Executives Resign After Board Investigation
The company’s top executive resigned after the struggling automaker released an investigation by its board.
G.M. Scales Down Nikola Deal
A new agreement, supplying hydrogen fuel cell technology from General Motors, is less sweeping than the strategic partnership outlined in September.