Enlarge / A prototype of the Nikola Tre battery electric truck. (credit: Nikola) Aspiring electric truck maker Nikola has admitted to the Securities and Exchange Commission that nine statements made by founder Trevor Milton were “inaccurate.” Milton was forced to resign from Nikola in September, shortly after the falsehoods first came to light. Between 2016 and […]
Expand / / The Nikola Tre semi truck. (charge: Nikola) Electric truckmaker Nikola was widely ridiculed in September if a short-selling company disclosed that its very first truck, the most Nikola Certainly, never functioned. A promotional video on this truck”in movement” really showed the car rolling down a mountain . However, the organization’s most recent […]
Expand / / {} of this Nikola Badger. (charge: Aurich Lawson / / Nikola Motor Corporation) Nikola CEO Mark Russell downplayed the Corporation’s Badger pickup truck remarks to this Financial Times on Thursday. “The Badger has been an intriguing and exciting endeavor to a investors, however, our institutional investors are largely concentrated on the company […]
Expand / / A Nel/Nikola refueling pump has been displayed at a 2019 marketing photograph. (charge: Nikola Motor Company) Shares of hydrogen bath startup Nikola dropped 26% Wednesday after The Wall Street Journal reported the business was unable to find mates to construct a projected system of hydrogen fueling stations. Nikola’s stock closed at $21.15 on […]
Expand / Nikola chairman Trevor Milton unveils the Nikola Only truck at December 2016. (charge: Nikola) Trevor Milton, creator of electrical truck startup Nikola, resigned his occupation as executive chairman of the business on Sunday–effective immediately. Nikola’s stock dropped after the information and is now trading at about $28 a share, and it can be down […]