Trevor Milton
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Nikola llega a un acuerdo con la SEC y acepta pagar una multa de 125 millones de dólares en dos años
La empresa solicitará el reembolso del fundador acusado Trevor Milton
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Electric Trucks
Nikola settles with SEC, agrees to pay $125M fine over 2 years
Nikola avoids admitting wrongdoing, but the SEC lays out a litany of misdeeds that led to the $125 million settlement.
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Finance
What made the froth in transportation SPACs go flat?
Hedge funds and retail investors led the takeoff in transportation SPACs that are barely staying aloft. Guess who gets the better end of that deal?
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Electric Trucks
Milton cashes out $131M in Nikola stock, slicing dominant ownership
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.
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Electric Trucks
Judge denies venue change for Trevor Milton’s fraud trial
The Nikola founder fails in the bid to get his fraud trial moved out of New York to Arizona or Utah, where his wife is…
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News
Federal court shelves Nikola’s patent infringement lawsuit against Tesla
Inactivity could lead a federal court to dismiss Nikola’s patent infringement lawsuit against Tesla. A lot has changed on both sides.
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Electric Trucks
Nikola doubles equity-for-credit line to $600M
Second $300 million deal with Tumim Stone Capital will cover Nikola’s cash needs as it ramps up electric truck production.
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Electric Trucks
Workhorse Group latest electric truck maker under SEC scrutiny
Short seller Fuzzy Panda dumps dirt on Workhorse, including confirming an SEC probe of the troubled electric delivery van maker.
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News
Whittling away: Indicted Nikola founder dumps 7M more shares
Just as his former company distances itself from him, indicted Nikola Corp. founder Trevor Milton continues to reduce his stake.
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News
Milton’s sell-off: Indicted Nikola founder dumps 7M shares, transfers 600,000 others
Nikola founder makes biggest divestiture to date, selling 7 million shares over three days and transferring 600,000 shares to his spouse.
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