Nikola Motor Co - Wander City

Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola

alishpagda08@gmail.com1 month ago02 mins

Trevor Milton, who was convicted by a federal jury in 2022 of defrauding investors in the electric truck maker Nikola, has received a pardon from President Trump, the White House confirmed. Mr. Milton, who founded and is the former chief executive of Nikola, was sentenced to four years in prison and fined $1 million after…

Nikola, Electric Truck Maker, Files for Bankruptcy

alishpagda08@gmail.com3 months ago05 mins

Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle. Its share…