Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors. The buyer? A new company called […]
Nikola founder Trevor Milton sentenced to 4 years for securities fraud
Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence, by Judge […]
Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling
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Trevor Milton to reimburse Nikola $165M per arbitration proceeding
Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a […]