By Jody Godoy (Reuters) – Nikola founder Trevor Milton should receive around 11 years in prison for defrauding investors in the electric- and hydrogen-powered truck maker, prosecutors in New York …
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By Jonathan Stempel NEW YORK (Reuters) – Trevor Milton, the convicted founder of electric- and hydrogen-powered truck maker Nikola, is seeking to avoid prison, with his lawyers saying his case …
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(Reuters) – Nikola said on Friday it would expand its dealer network into Canada for heavy-duty truck sales in a partnership with trailer manufacturer ITD Industries, sending the electric-truck maker’s …
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(Reuters) – A Nikola electric semi-truck caught fire near the company’s Phoenix headquarters in Arizona, it said on Friday, the second such incident this week involving the firm’s vehicle. The …
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(Reuters) – Electric-truck maker Nikola on Thursday adjourned its annual shareholder meeting for the second time this year, as it could not muster sufficient votes for a proposal to increase …
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(Reuters) – Nikola Corp will start liquidating the assets of battery maker Romeo Power, the electric truck maker said on Monday, less than a year after buying it. The company, …
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By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder, Trevor Milton, on Thursday urged investors to vote against the electric truck maker’s proposal to increase the number …
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(Reuters) – Shares of Nikola Corp hit a record low on Friday after the electric-truck maker said it plans to sell shares and raise $100 million, amid high production costs. …
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(Reuters) – Electric-truck maker Nikola Corp said on Monday Kim Brady will retire as chief financial officer on April 7 and insider Anastasiya Pasterick will take over the role. Pasterick …
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(Reuters) – Electric truck maker Nikola Corp said on Thursday that it would sell up to 75 Tre hydrogen-powered trucks over three years to fuel-cell technology developer Plug Power Inc. …
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(Reuters) – Electric vehicle maker Nikola Corp said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state’s first low-carbon hydrogen production supply chain. However, Nikola …
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(Reuters) – Nikola Corp said on Tuesday it may sell shares to raise up to $400 million, as the electric truck maker looks to ramp up production amid rising costs. …
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By Jonathan Stempel NEW YORK – Nikola Corp, the electric- and hydrogen-powered truck maker, on Friday asked a U.S. judge to quash a subpoena from founder and former Chief Executive …
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(Reuters) – Trevor Milton, the billionaire founder and former chief executive of Nikola Corp has asked a federal judge to block evidence related to his “wealth, lifestyle or spending habits” …
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(Reuters) – Electric-truck maker Nikola Corp is “evaluating options” to make its own battery cells in 2024, Chief Financial Officer Kim Brady said on Thursday. “If in-sourcing opportunity is available …
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(Reuters) – Nikola Corp’s founder Trevor Milton voted against the electric vehicle company’s proposal to issue new shares at the company’s annual general meeting, a Bloomberg News report on Thursday, …
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By Joseph White DETROIT – Supply-chain bottlenecks and broader price inflation have temporarily reversed the steady decline in electric vehicle battery prices and are keeping the costs of clean trucks …
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By Jonathan Stempel NEW YORK – A U.S. judge on Monday refused to dismiss a federal indictment charging Nikola Corp’s billionaire founder Trevor Milton with defrauding investors about the electric- …