Head of zero-emission truck venture Nikola found guilty of fraud
The founder of Nikola Corp. is found guilty of duping investors with exaggerated claims about his company’s production of zero-emission 18-wheel trucks.
Source: latimes.com
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Struggling Electric-Truck Maker Nikola Makes a Major Change
Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues.
Source: thestreet.com
Nikola Reports Fourth Quarter Results Amid Legal Battle
Nikola Reports Fourth Quarter Results Amid Legal Battle Posted on 3193 Nikola Corp (NASDAQ: NKLA) reported losses Thursday in its fourth quarter earnings, claiming it is strengthening its “core business” with battery and fuel-cell electric heavy-duty trucks. Furthermore, shares fell after the company admitted its former chairman and founder, Trevor Milton, had made various false statements starting in 2016 through its IPO in 2020...
Source: financialbuzz.com