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.
Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
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.
Tesla will spend more to increase production at two new factories.
Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.
The S.E.C. Sent a Letter to Musk About His Twitter Shares in April
The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.
How Elon Musk Winged It With Twitter, and Everything Else
To a degree unseen in any other mogul, the world’s richest man acts on impulse and the belief that he is absolutely right.
A Skeptical Stock Analyst Wins Big by Seeking Out Frauds
The activist short-seller behind Hindenburg Research has become known for research that sends companies’ stock sinking. He says he’s not in it just to move share prices.
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.