Trevor Milton

Business, Technology, Fuel

Milton Has Sold $284 Million of Nikola Stock Since Fraud Charges

Trevor Milton exits federal court in New York in July Trevor Milton exits federal court in New York in July. (Angus Mordant/Bloomberg News)

Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.

Craig Trudell | Bloomberg News
November 24, 2021
Government, Business, Technology, Fuel

Trevor Milton Hires Lawyers Who Defended Elon Musk

Trevor Milton leaves federal court with an unidentified lawyer Trevor Milton (right) leaves court with an unidentified lawyer on July 29. (Angus Mordant/Bloomberg News)

Trevor Milton has more in common with Elon Musk than starting a prominent electric vehicle company named after inventor Nikola Tesla. He’s now hired the same lawyers to defend him.

Bre Bradham | Bloomberg News
August 6, 2021
Government, Business, Technology, Equipment, Fuel, Breaking News

Nikola Executive Chairman Trevor Milton Steps Down

Trevor Milton owns 35% of the company, according to regulatory filings. (Nikola Motor Co.)

Trevor Milton has voluntarily stepped aside as executive chairman and board member of Nikola Corp., the electric truck company he created, it was announced Sept. 21.

Dan Ronan | Associate News Editor
September 21, 2020
Business, Technology, Fuel, Top 50, Top 100

Nikola Issues Fuller Denial of Short Seller Hindenburg’s Claims

Nikola One electric truck Hindenburg said the Nikola One lacked key components. Nikola said it was a proof of concept. (Nikola Motor Co.)

Nikola Corp. made a fuller-throated denial of a report last week that claimed the electric-truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions.

Ed Ludlow | Bloomberg News
September 14, 2020
Business, Technology

Nikola’s Trevor Milton Beseeches Investors to Use Warrants or Lose Them

Nikola Trevor Milton via Nikola Motor Corp.

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, 2020