Trevor Milton

Government, Business, Technology, Fuel

Nikola Pickup Had No Nikola Parts, GM Engineer Testifies

Nikola Badger The planned Nikola Badger was never developed after GM dropped its plan for a stake in the electric vehicle maker. (Nikola Corp.)

Nikola Corp. founder Trevor Milton wasn’t truthful when he claimed his company was responsible for most of the components in a planned pickup truck General Motors Co. was to build for the electric vehicle maker, a GM engineer testified.

September 22, 2022
Government, Business, Fuel

Nikola Execs Threatened to Quit If Trevor Milton Didn’t Step Down

Trevor Milton (center) with his attorneys Milton is accused of duping investors by making inoperable products look fully functional. (Angus Mordant/Bloomberg News)

Three top Nikola Corp. executives threatened to resign in 2020 if the electric vehicle maker’s founder, Trevor Milton, didn’t step down as executive chairman, according to a filing in the federal fraud case against him.

September 20, 2022
Government, Business, Technology, Fuel

Nikola CEO Mark Russell Says Trevor Milton Was Prone to Exaggerate

Nikola CEO Mark Russell Nikola CEO Mark Russell at a September 2021 media briefing. (Andreas Gilbert/Bloomberg News)

Nikola Corp.’s chief executive officer told a jury he learned only after joining the company that its debut electric truck had neither a gas-powered turbine nor a fuel cell when founder Trevor Milton unveiled it.

September 19, 2022
Government, Business, Technology, Fuel

Nikola Cannibalized a Ford for Hyped Badger Electric Pickup, Jury Told

Trevor Milton (center) exits court on Sept. 12. Trevor Milton (center) exits court on Sept. 12. (Victor J. Blue/Bloomberg News)

A Nikola Corp. prototype of the electric vehicle startup’s planned Badger pickup truck was made partly of components from a Ford Motor Co. F-150 Raptor, the jury in the criminal trial of Nikola founder Trevor Milton was told.

September 15, 2022
Government, Business, Technology, Fuel

Nikola Whistleblower Made $600,000 Off Short Sale, Jury Told

Nikola founder Trevor Milton (center) exits court on Sept. 12. Nikola founder Trevor Milton (center) exits court on Sept. 12. (Stephen Yang/Bloomberg News)

A former Nikola Corp. contractor whose allegations of fraud at the electric truck company helped spur a criminal investigation told a federal jury he made $600,000 off a short seller’s report on Nikola.

September 14, 2022
Government, Business, Technology, Fuel

Nikola Wins Rulings Over Trevor Milton on Brink of Criminal Trial

Trevor Milton Trevor Milton, founder of Nikola Corp. (center) exits federal court in New York on July 29, 2021. (Angus Mordant/Bloomberg News)

Nikola Corp. won a court order preventing founder Trevor Milton from using certain company communications in his defense against criminal charges that he lied about the company’s products to mislead investors and prop up the stock.

Chris Dolmetsch | Bloomberg News
September 8, 2022
Government, Business, Fuel

Trevor Milton Indicted on New Fraud Charge

Trevor Milton exiting federal court Trevor Milton exiting federal court in July of 2021. (Angus Mordant/Bloomberg News)

Nikola Corp. founder Trevor Milton, who is scheduled to go on trial next month on charges he misled investors about the company’s business prospects, was indicted for allegedly defrauding the previous owner of his Utah ranch, which Milton used as collateral for his bail.

Chris Dolmetsch | Bloomberg News
June 22, 2022
Government, Business, Technology, Fuel

Milton Wants to Inspect Nikola Vehicles Feds Say He Lied About

Trevor Milton exits federal court in July 2021 Trevor Milton exits federal court in New York in July. (Angus Mordant/Bloomberg News)

Nikola Corp. founder Trevor Milton claims federal prosecutors refused access to the company’s vehicles and equipment he says are crucial to his defense against fraud charges.

Chris Dolmetsch | Bloomberg News
January 14, 2022
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

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