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Nikola Founder Trevor Milton Convicted Of Fraud
Saturday, October 15, 2022 - 9:34am | 484Nikola Corp (NASDAQ: NKLA) founder Trevor Milton was convicted of fraud over allegations that he lied to its investors about the company's technical achievements. What Happened: A federal jury convicted Milton of one count of securities fraud and two counts of wire fraud. He may...
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'Too Early For Victory Laps': Stock Market Update For The Week Ahead
Sunday, September 20, 2020 - 3:47pm | 1684The Past Week, In A Nutshell What Happened: Last week ended negative on weakness concentrated in heavily-weighted index constituents. Remember This: “The Fed essentially acknowledged they were a bit behind the curve with their forecast on the economy, as projections needed tweaking to reflect...
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Square Roots, V's, W's And L's In Freight Recovery (With Video)
Monday, June 29, 2020 - 5:06pm | 216On today's episode, Dooner and The Dude talk about what trucking executives have to say about economic recovery in the freight market, Nikola Corporation's (NASDAQ: NKLA) Badger vs. Tesla Inc's (NASDAQ: TSLA) Cybertruck, building a culture through M&A, the TQL class action suit, and using...
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Nikola CEO Flirts With Deca-Billionaire Status
Tuesday, June 9, 2020 - 4:55pm | 451Nikola Corp. (NASDAQ: NKLA) CEO Trevor Milton is flirting with deca-billionaire status as the share price surges in his newly public battery and fuel cell electric trucking startup. With Nikola stock appreciating more than 300% since it began trading under its own name last week, Milton's paper...
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Nikola's Breakout Charts Path For Other High-Tech Startups
Tuesday, June 9, 2020 - 11:03am | 870As shares in electric truck startup Nikola Corp. (NASDAQ: NKLA) surge, a banker who ran the book on the company's reverse merger said similarly structured public offerings in clean transportation are likely this year. Nikola went public on June 4 following a merger with VectoIQ, a "blank check"...