Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock
Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them.
Nikola’s Trevor Milton Beseeches Investors to Use Warrants or Lose Them
Electric-vehicle startup Nikola Corp. is urging stragglers to exercise their right to buy shares, the deadline for which has been extended until 5 p.m. Aug. 25.
August 24, 2020Nikola Secures Order From Republic Services for at Least 2,500 Vehicles
Nikola Corp. announced it received a minimum order for 2,500 heavy-duty electrified refuse trucks from Republic Services Inc. that could expand to 5,000 over the life of the agreement.
Nikola Posts Q2 Loss, Stays Focused on Growth Strategy
Just months after becoming a publicly traded company, Nikola Corp. reported that net losses widened versus year-ago levels as the company continues investing in the buildup toward the introduction of its electric trucks.
Nikola’s Trevor Milton Says Future of Trucking Is Hydrogen-Based
Nikola Corp. founder and Executive Chairman Trevor Milton believes the hydrogen fuel cell technology that powers his company’s trucks can place Nikola at the forefront of global efforts to toughen clean-air rules while also providing a truck that meets the needs of commercial fleets.
Nikola to Launch New US Plant With Tre Cabover Model
The battery-electric cabover Nikola Tre model will be the first Class 8 off the assembly line at Nikola's manufacturing facility in Coolidge, Ariz.
Nikola Breaks Ground on Arizona Plant
Nikola Corp. broke ground July 23 on a new electric-truck factory in Coolidge, Ariz., that it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.
Nikola Plummets After Warrant Call Creates Selling Pressure
Nikola Corp. shares nosedived on July 20 as some investors will now be able to buy the company’s stock at a fraction of recent prices.
Nikola Sets Truck Production Schedule, Envisions Autonomous Model
Zero-emission truck maker Nikola Corp., which recently jumped to a publicly traded company from its startup perch, has begun building prototypes of its heavy-duty battery-electric model in Germany and is set for groundbreaking on a plant in the United States this summer.
Nikola’s Trevor Milton Has $7.4 Billion Fortune on Free Truck Orders
The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014 with the goal of revolutionizing the trucking industry.
June 12, 2020