Companies > Technology

Trevor Milton of Nikola Resigns Amid Fraud Claims

29 days ago   |   By NY Times

Trevor Milton, founder and executive chairman of Nikola, resigned after an investment fund accused him of making false assertions about the company's technology.
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Nikola founder Trevor Milton resigns following fraud allegations

Nikola founder Trevor Milton resigns following fraud allegations

29 days ago   |   By Business Insider

Summary List Placement
US electric truck company Nikola announced on Monday that its founder Trevor Milton is stepping down as executive chairman with immediate effect, following allegations of fraud at the company.
Stephen Girsky, a former vice-chairman of General Motors and a Nikola board member, has been appointed as chairman in Milton's place.
Milton said in a statement that the company "is truly in my blood and always will be, and the focus should be on the company and its world-changing mission, not me."
"So I made the difficult decision to approach the board and volunteer to step...
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Nikola Founder Trevor Milton Reportedly Resigns After Short-Seller's Fraud Accusations

29 days ago   |   By Forbes

His departure from the hydrogen truck company comes in the wake of allegations by an analyst with a short position in Nikola's stock that Milton misrepresented its technology and capabilities.
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