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Tag: Trevor Milton


Regulations

Nikola Founder Trevor Milton Charged With Lying to Investors

July 29, 2021

Via: The Wall Street Journal

Trevor Milton, the founder of Nikola Corp. and onetime executive chairman of the electric-truck startup, was indicted Thursday on securities-fraud charges for what prosecutors said was a scheme to mislead investors about the company’s product and technology development. Mr. Milton […]


Industry Focus Areas, Motorized Vehicle

Nikola founder Trevor Milton can sell his 91.6 million shares starting Tuesday as insider lockup period expires

December 1, 2020

Via: CNBC

Ousted Nikola founder and Chairman Trevor Milton is the company’s largest shareholder with more than a fourth of the start-up’s shares, and he can sell all of them beginning Tuesday. Milton, who disappeared from the public eye and deleted all […]


Industry Focus Areas, Motorized Vehicle

Nikola shares rise after company reconfirms strategy following founder Trevor Milton’s resignation

September 30, 2020

Via: CNBC

Nikola shares jumped by about 5% in morning trading after the embattled electric truck start-up reconfirmed its business plans and production targets following founder and former Executive Chairman Trevor Milton’s resignation last week. The company said it “remains committed to […]


Industry Focus Areas, Motorized Vehicle

Nikola shares open at lowest price since its public debut after company founder Trevor Milton resigns

September 21, 2020

Via: CNBC

Shares of Nikola opened Monday at their lowest price since the company went public June 4 after company founder and Executive Chairman Trevor Milton announced his resignation overnight. The stock was down as much as 30% in premarket trading before […]