Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. Tweet on Trevor Milton’s sentence for fraud Nikola founderRead More
Shares of electric-vehicle maker Nikola dropped after the company said its chief executive would step down, to be replaced by its chairman. Nikola stock finished Friday off 26%. The company said Michael LohschellerRead More
Investors are piling back into some of the market’s speculative favorites and sending shares of beaten-down hydrogen truck startup Nikola surging. Tweet on Nkola stocks @nikolamotor Stock Soars as Speculative Bets Returns! InvestorsRead More
Electric-truck startup Nikola Corp. said it has agreed to buy battery-technology company Romeo Power Inc. in an all-stock deal that values Romeo at roughly $144 million. Deal comes as makers of electric-vehicle batteriesRead More
In pursuit to restore its credibility since founder’s shameful exit, Nikola corp. hired Michael Lohscheller, who oversaw the turnaround of Stellantis NV’s Opel division to help the U.S. electric-truck maker ramp up production.Read More
