Mark Russell has been selling converted options in Nikola daily since mid-September, which is not a good look for a company CEO.
ndicted Nikola Corp. founder dropped his attempt to move his criminal trial out of New York and sold more stock as trial date was reset to July.
Nikola’s founder sells another large chunk of his holdings in the electric truck startup that wants him to reimburse an expected $125 million SEC fine.
Taiwan’s Foxconn would manufacture Lordstown Motors’ Endurance electric pickup truck under an agreement to buy the former GM assembly complex.
Just as his former company distances itself from him, indicted Nikola Corp. founder Trevor Milton continues to reduce his stake.
