Trevor Milton

What Happened: Nikola Corporation (NASDAQ: NKLA) Founder Trevor Milton stepped down as the company's chairman and board member early Monday morning. The electric truck manufacturer's stock has been under pressure for several weeks following a short seller report from Hindenburg Research....

Late Sunday night, FreightWaves broke the story of Trevor Milton voluntarily stepping down from the Nikola Corporation (NASDAQ: NKLA) board. A few hours later, Nikola Motor made the resignation official in a press release: Nikola Corporation (NASDAQ: NKLA) today announced that Trevor Milton...

Nikola Corporation (NASDAQ: NKLA) Executive Chairman Trevor Milton has voluntarily left his role at the electric vehicle maker, the company announced early Monday. FreightWaves earlier reported the news, citing anonymous sources. What Happened: Stephen Girsky, former Vice Chairman of...

Nikola Corporation (NASDAQ: NKLA), its two executives, and chairman, are being sued by an investor for making false and misleading statements about the automaker’s operations, Bloomberg reported Wednesday. What Happened: The investor, Arab Salem, is suing the company and seeks to...

Nikola Corporation (NASDAQ: NKLA) were trading slightly higher Wednesday afternoon during another volatile trading day following allegations of fraud by short seller Hindenburg Research last week. Nikola bulls are hoping the share price has found support following news that both the SEC and the...

Nikola Corporation (NASDAQ: NKLA) shares were falling again Friday after founder Trevor Milton’s response to Thursday’s short seller report from Hindenburg Research left investors disappointed. Hindeburg's Allegations Against Nikola: On Thursday, Nikola shares declined by 9.5%...

Just days after a new partnership with General Motors Company (NYSE: GM) sent Nikola Corporation (NASDAQ: NKLA) shares soaring, Nikola short seller Hindenburg Research released a new report accusing the company of being “an intricate fraud built on dozens of lies.” Hindenburg allegedly...

Zero-emission truck developer Nikola Corporation (NASDAQ: NKLA) analyzed the top automobile manufacturers globally and concluded "hands down" that  General Motors Company (NYSE: GM) would be its best partner, Trevor Milton, Nikola's founder and executive chairman,...

Nikola Corporation (NASDAQ: NKLA) Executive Chairman Trevor Milton believes buzz-building creates long-term value for the electric truck startup. So, even if publicity was not a goal of his recent gift of 6 million of his shares to several dozen early employees, he's fine with the attention. "I...

Nikola Corporation (NASDAQ: NKLA) CEO Trevor Milton said he is giving six million of his own shares in the electric vehicle firm to the first 50 employees, making good on a promise he made to them when they were hired. What Happened: The chief executive announced the share largesse on...

Nikola Corporation (NASDAQ: NKLA) CEO Trevor Milton has been reaching out to the company’s investors via social media platforms, urging them to exercise their warrants. In a tweet, Milton also shared updates on the company’s cash position and proceeds generated from the...

Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton is keen on a collaboration with Hyundai Motor Co (OTC: HYMTF) on hydrogen technology, a spokesperson for the electric vehicles company told Reuters.  What Happened “Trevor has immense respect for Hyundai and views...

Hyundai Motor Co (OTC: HYMTF) announced the launch of a brand dedicated to battery electric vehicles on Sunday. What Happened: The automaker plans to sell one million units of battery-electric vehicles by 2025, occupying 10% of the global market share, in an effort to emerge as a leader in the...

Nikola Corporation (NASDAQ: NKLA) reported its first-ever earnings as a public company with zero revenue and no physical product to showcase, CNBC's David Faber said on "Squawk on the Street." The post-earnings conference call was notable for CEO Mark Russell not being "...

Trevor Milton is fighting mad. For the second time in three months, the founder and executive chairman of Nikola Corporation (NASDAQ: NKLA) is blasting a national media outlet over its reporting on him and his newly public electric truck startup.  The latest incident boiled over Wednesday evening...