Trevor Milton

Nikola Corporation (NASDAQ: NKLA) is planning to raise capital by the way of a $100 million stock sale to investors, according to a filing with the United States Securities and Exchange Commission. What Happened: The automaker said in the filing, first noticed on the Financial Times, it intends to...

Startup electric truck maker Nikola Corp. (NASDAQ: NKLA) reported a Q4 loss half of what analysts expected. It also has canceled its Powersports business to focus solely on battery-electric and hydrogen-powered fuel cell Class 8 trucks. Nikola lost $146.8 million, or 17 cents a diluted share, in...

Nikola Corp (NASDAQ: NKLA) has received an upgrade from Wedbush as most of the “negative catalysts” have played out.  The Nikola Analyst: Wedbush analyst Daniel Ives changed his rating to Neutral on Nikola from the previous Underperform and upped the price target to...

Editor's note: Updates with new 4th paragraph with details on project cost overruns Republic Services (NYSE: RSG) has canceled an order for 2,500 battery-electric refuse trucks from Nikola Corp. (NASDAQ: NKLA), raising new questions about the electric truck startup's ability to generate revenue to...

Shares of Nikola Corporation (NASDAQ: NKLA) were losing one-quarter of their value Monday, and at least one analyst is modeling for more downside ahead. The Nikola Analyst: Wedbush analyst Daniel Ives maintains an Underperform rating on Nikola's stock with a $15 price target. The...

The long-anticipated conclusion to a September deal in the electric vehicle space was announced Monday. What Happened: Nikola Corporation (NASDAQ: NKLA) and General Motors Company (NYSE: GM) announced a supply agreement that will see General Motors provide Hydrotec fuel cell systems for...

Shares of electric vehicle startup Nikola Corporation (NASDAQ: NKLA) fell 7% in the after-hours session on Tuesday after CEO Mark Russell withheld from throwing light on the future of a $2 billion deal with General Motors (NYSE: GM).  What Happened:...

Nikola Corporation (NASDAQ: NKLA), in a regulatory filing on Monday, disclosed that the company is facing legal proceedings from multiple federal bodies, stemming from the short seller allegations in September. The electric vehicle company, along with current and former employees, has...

Nikola Corporation (NASDAQ: NKLA) CEO Mark Russell took distance from the company’s electric pickup truck Badger in an interview with the Financial Times on Thursday.  What Happened: Russell sought to diminish the role Badger plays in the company's business — a...

A new report out Thursday from short seller Fuzzy Panda Research accuses electric vehicle developer Workhorse Group (NASDAQ: WKHS) of misleading investors. What The Short Seller Said: “Workhorse rolled a USPS prototype truck down a hill accidently after their parking brake failed causing...

The race to bring electric vehicles to market is leading many private EV companies go public via SPACs — and CNBC's Jim Cramer said one the EV companies that's going public is not a worthy investment. What Happened: On Friday’s “Mad Money” show, host Jim Cramer...

The sell-off in Nikola Corporation (NASDAQ: NKLA) since the Hindenburg Research report accusing the company of being an “intricate fraud built on dozens of lies” took a breather on Friday. Investors must now decide if the fraud allegations and the departure of chairman Trevor...

Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton seems to have deleted his account on the Twitter social media platform. What Happened: Milton’s Twitter account, where he frequently posted — was first locked to unapproved viewers and subsequently deleted or...

On today's episode, Dooner and The Dude look into the fallout from Trevor Milton's leaving Nikola Corporation (NASDAQ: NKLA), talk to TikTok-ing truckers about social media becoming part of their business and find out if small carriers are worth saving. They're joined by special guests Tom Whaley...

Editor's Note: Adds additional comment from Osborne Nikola Corp. (NASDAQ: NKLA) Executive Chairman Trevor Milton is out at the electric truck startup he founded following a brutal report 10 days ago by a short seller of Nikola stock that accused him of lying about the company's technology...