13 news articles matched

Tag: Autos Nikola
Nikola founder Trevor Milton sentenced to four years for fra...
19 December 2023
Milton leaving the Manhattan Federal Courthouse following an appearance in New York City on July 29, 2021. — Reuters NEW YORK: Trevor Milton, the convicted founder of electric- ...
Nikola founder Trevor Milton seeks probation after fraud con...
16 November 2023
Probation officers said Milton deserves up to nearly 22 years in prison. His lawyers said the range should be 12 to 18 months. — Reuters NEW YORK: Trevor Milton, the convicted fou...
EV maker Nikola names fourth CEO in as many years
04 August 2023
Girsky. — Reuters PHOENIX: Electric truck maker Nikola said today that Michael Lohscheller will step down as chief executive officer less than a year after taking over the job and...
Nikola to sell up to 75 hydrogen-powered trucks to Plug Powe...
15 December 2022
PHOENIX: Electric truck maker Nikola Corp said today that it would sell up to 75 Tre hydrogen-powered trucks over three years to fuel-cell technology developer Plug Power Inc. E...
US jury convicts Nikola founder of fraud
15 October 2022
File pic of Milton and the Nikola One. Milton's lawyer said his client would appeal the verdict. — Reuters NEW YORK: Nikola Corp founder Trevor Milton on Friday was convicted ...
Nikola names Michael Lohscheller as next CEO
11 August 2022
PHOENIX: Nikola Corp says Michael Lohscheller, previously from Opel and Vinfast, will take over as the electric-truck maker's chief executive officer when Mark Russell retires on J...
Nikola starts making electric trucks, shares jump
24 March 2022
NEW YORK: Nikola Corp shares rose about 15% today, as Wall Street cheered the company starting production of its electric truck on schedule. The electric-vehicle maker said at i...
Nikola to pay US$125m to settle SEC charges of defrauding in...
22 December 2021
Milton is battling those charges in court after losing a bid to dismiss or move the case. — Reuters WASHINGTON: Nikola Corp has agreed to pay US$125 million (RM527mil) to settle...
US charges Nikola founder Trevor Milton with lying to invest...
29 July 2021
Milton was charged with two counts of securities fraud and one count of wire fraud. —Reuters NEW YORK: Trevor Milton, the founder and former executive chairman of Nikola Corp, was...
Nikola discloses grand jury subpoenas from DOJ
11 November 2020
The US Securities and Exchange Commission also issued subpoenas to Nikola, its board and eight of its officers and employees in September. — Reuters PHOENIX: Nikola Corp and its f...
Nikola accused of being a fraud in critical report by forens...
11 September 2020
NEW YORK: Shares of Nikola Corp fell 8% on Thursday after forensic financial research company Hindenburg Research shorted the stock and labelled the electric truck maker a “fraud” ...
Nikola bags order to make 2,500 electric garbage trucks
11 August 2020
PHOENIX: A US Republic Services Inc will partner with Nikola Corp, a maker of hydrogen-fueled vehicles, to develop 2,500 electric waste and recycling collection trucks, the compani...
Nikola in talks with automakers for Badger pickup truck prod...
11 June 2020
PHOENIX: Nikola Corp, a maker of hydrogen-fuelled vehicles, is in the process of picking a partner to produce its Badger pickup truck, while also aiming to start deliveries of its ...