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NIKOLA


Nikola founder Trevor Milton gave 1 million of his personal shares in the startup electric truck maker to 350 employees. (Photo: Nikola) Sources close to the embattled fuel cell truck manufacturer are reporting that founder Trevor Milton has resigned as Executive Chairman of Nikola Motors (NASDAQ: NKLA) and has departed the company effective immediately. He …

The Justice Department has joined U.S. securities regulators in examining allegations that electric-truck startup Nikola Corp. misled investors by making exaggerated claims about its technology, according to people familiar with the matter. The Justice Department’s inquiry is being handled by the Manhattan U.S. attorney’s office, working in concert with the Securities and Exchange Commission, which …

SEOUL (Reuters) – U.S. electric commercial truck maker Nikola NKLA.O said it is open to collaborating with Hyundai Motor (005380.KS) on hydrogen technology, following a media report it had reached out to the Korean automaker. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, France, …