In December 2023 founder Trevor Milton was sentenced to four years in prison after being convicted of exaggerating claims about his company’s production of zero-emission 18-wheel trucks, leading ...

An electric truck-maker that sought to rival Elon Musk’s Tesla has filed for bankruptcy in the US after its founder was sent to prison for fraud. Nikola, which developed hydrogen fuel and ...

Nikola's leadership has come under question, particularly after its founder and then-CEO Trevor Milton was convicted of fraud in 2022 and sentenced to four years in prison the following year.

Nikola founder Trevor Milton, right, was sentenced to four years’ jail. PHOTO: YUKI IWAMURA/BLOOMBERG NEWS U.S. Attorney Damian Williams said in 2023 that “Trevor Milton lied to investors ...

Founder Trevor Milton was hit with a four-year prison sentence in 2023 over fraud charges. Nikola this week joined Fisker, Proterra, and Lordstown Motors in a rogues’ gallery of EV startups that ...

At the trial of founder Trevor Milton, prosecutors say a company video of a prototype truck appearing to be driven down a desert highway was actually a video of a nonfunctioning Nikola that had ...

Copyright © 2025 Bleacher Report, Inc. A Warner Bros. Discovery Company. All Rights Reserved.

At the trial of founder Trevor Milton, prosecutors say a company video of a prototype truck appearing to be driven down a desert highway was actually a video of a nonfunctioning Nikola that had ...

At one point the truck startup had been valued at $30 billion, but it faced a series of challenges since the prosecution of its founder and CEO Trevor Milton. In recent years the startup focused ...