Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud,

Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud,


Filed under:
Green,Electric,Hydrogen
Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company’s founder resigned amid allegations of fraud – just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor Milton resigned and the departing executive chairman said he would defend himself against accusations that the company made false claims about its vehicles, allegations Nikola rejects. Milton said in a message to Nikola employees that he Continue reading Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud
Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud originally appeared on Autoblog on Mon, 21 Sep 2020 08:29:00 EDT. Please see our terms for use of feeds.
Permalink | 
Email this | 
Comments,

Filed under:
,,


Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company’s founder resigned amid allegations of fraud – just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor Milton resigned and the departing executive chairman said he would defend himself against accusations that the company made false claims about its vehicles, allegations Nikola rejects. Milton said in a message to Nikola employees that he

Continue reading Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud

Nikola founder Trevor Milton resigns after big GM deal, accusations of fraud originally appeared on Autoblog on Mon, 21 Sep 2020 08:29:00 EDT. Please see our terms for use of feeds.

Permalink | 
Email this | 
Comments,

Leave a Reply

Your email address will not be published. Required fields are marked *