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1 min read
Founder of embattled electric truck startup Nikola charged with fraud
Trevor Milton stepped down from Nikola in 2020 after allegations of misleading investors rocked the…
Tim Levin,Reuters
1 min read
Inside the troubled past of billionaire Nikola founder Trevor Milton
Insider spoke with 38 people who have worked for Trevor Milton or interacted with him. Some said he…
Mark Matousek
8 mins read
Federal inquiries, allegations of sexual assault, a resignation, and billions on the line: Here's everything you need to know about Nikola and its founder's controversial last 5 weeks
Negotiations are still underway between GM and Nikola. If the deal isn't done by December 3, then e…
Isabella Jibilian
2 mins read
Nikola agrees to pay $125 million to settle SEC charges the electric truck maker defrauded investors
Nikola said last month it had set aside that amount in anticipation of a potential settlement with …
Carla Mozée
4 mins read
How the Nikola Badger went from hotly anticipated Tesla Cybertruck competitor to bust in a matter of months
The Badger would have been the perfect Tesla Cybertruck rival, but now it's dead. Thus, the questio…
Kristen Lee
2 mins read
Nikola probe finds ousted founder Trevor Milton made several 'inaccurate' statements
Milton left the company in September 2020 after a short seller's scathing report accused him of "ma…
Tim Levin
3 mins read
Insider Transportation: Nikola founder faces sexual assault allegations, Ford shakes up C-suite, Trump's COVID-19 diagnosis threatens an airline recovery
Misconduct allegations go beyond Trevor Milton's companies. Also in the news: Trump's diagnosis may…
Alex Davies
2 mins read
A 2nd woman has reportedly accused Nikola Motors founder Trevor Milton of sexual assault
Two women have filed police reports against Milton, both accusing him of sexually abusing them when…
Tyler Sonnemaker
2 mins read
Nikola founder Trevor Milton bought semitruck designs instead of making them 'in his basement,' report says
The Nikola One semitruck is part of a $2 billion lawsuit with Tesla, in which Nikola said Tesla's d…
Kristen Lee
5 mins read
GM struck a nearly foolproof deal with Nikola — but Trevor Milton posed a bigger risk than anyone expected
GM's risk assessment might have underestimated Milton's entrepreneurial willingness to distort capa…
Matthew DeBord
3 mins read
Nikola founder Trevor Milton's resignation amid fraud allegations marks a swift fall after a years-long climb
Nikola's chairman resigned on Monday following allegations of fraud. Investigations are being condu…
Kristen Lee
2 mins read
Nikola chairman Trevor Milton's resignation was a shock to industry experts — but they say his experienced replacement may be better equipped for the road ahead
Wall Street analysts were surprised by the move - less than a month after damning allegations by a …
Graham Rapier
1 min read
Nikola falls 10% after its founder Trevor Milton is charged with fraud
Milton was indicted for allegedly lying about "nearly all aspects of the business," according to a …
Matthew Fox
2 mins read
Nikola publishes detailed rebuttal to short-seller's claims of deception — and admits it staged a promo video by rolling a truck down a hill
Nikola's stock regained some steam on Monday, erasing some of its heavy losses following brutal acc…
Graham Rapier
1 min read
Nikola threatens legal action against a short-seller who accused the electric truck startup and its founder of fraud
The short-seller on Thursday accused Nikola founder Trevor Milton of numerous lies in order to ink …
Graham Rapier
1 min read
Nikola's founder Trevor Milton is now an official member of Forbes' 400 billionaires list with a net worth of more than $5 billion
The public face of the electric truck maker has shelled out for a lavish Utah ranch, and donated mi…
Graham Rapier
4 mins read
Nikola's deal with GM shows off a new way to get electric vehicles to market — and it's completely different from how Tesla operates
Nikola recently announced a partnership with GM, while Fisker intends to work with Magna, the bigge…
Matthew DeBord
1 min read
Nikola's founder is donating $233 million worth of stock to the electric truck company's first employees
Trevor Milton, the de-facto social media face of the upstart electric truck maker, is giving away a…
Graham Rapier
1 min read
Tesla competitor Nikola quietly discloses its only revenue source so far: building solar panels for its founder
The electric vehicle maker installed $36,000 worth of solar panels for executive chairman Trevor Mi…
Graham Rapier
2 mins read
Nikola is 'a broken stock' and could lose another 75%, one strategist says
Ticker Tocker's Steve Kalayjian said: "Looking at Nikola's stock chart. It's a broken stock...It co…