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    Trevor Milton

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 14 October, 2022
      Nikola founder Trevor Milton convicted of fraud

      Federal prosecutors had accused him of misleading investors to drive up the share price of electric vehicle company

    • Wednesday, 12 October, 2022
      Behind the Money podcast20 min listen
      An electric truck start-up founder goes to trial

      Trevor Milton and his electric vehicle start-up Nikola became Spac darlings in 2020. Then it all came crashing down

    • Tuesday, 13 September, 2022
      Nikola Corp
      Nikola founder Trevor Milton accused of misleading investors at fraud trial

      Defence calls electric truck entrepreneur an innocent victim of ‘prosecution by distortion’

    • Tuesday, 21 December, 2021
      LexNikola Corp
      Nikola: electric truck start-up drives away from founder

      US carmaker delivers first vehicles and agrees to pay SEC $125m to settle charge related to former boss Trevor Milton

    • Tuesday, 21 December, 2021
      Nikola Corp
      Electric truck group Nikola pays $125m to settle SEC fraud charges

      US regulator accused ex-chief Trevor Milton of misleading investors on vehicles’ capabilities

    • Thursday, 4 November, 2021
      Nikola Corp
      Nikola expects to pay $125m in SEC settlement

      Electric truck start-up says it will seek repayment from its founder with who it is in dispute with over legal fees

    • Tuesday, 3 August, 2021
      Nikola Corp
      Nikola slashes delivery and sales projections for 2021

      Electric truckmaker says supply chain shortages could prevent it from booking revenue

    • Friday, 30 July, 2021
      Due Diligence
      The face of the Spac boom is accused of misleading investors Premium content

      Plus, a much-awaited report on the Archegos crisis and private equity’s involvement in the UK’s most beloved institution

    • Thursday, 29 July, 2021
      Electric vehicles
      Nikola founder Trevor Milton charged with making false statements

      US prosecutors allege he ‘told lies to generate demand’ for truck start-up’s stock

    • Saturday, 3 April, 2021
      Nikola founder sells shares for $49m

      Trevor Milton offloaded stock while electric truck start-up faces investigations

    • Friday, 26 February, 2021
      Nikola Corp
      Nikola internal review finds several of founder’s claims ‘inaccurate’

      Law firm hired by electric truckmaker lists nine inaccurate statements by founder Trevor Milton

    • Friday, 25 December, 2020
      Due Diligence
      The best of DD’s corporate finance coverage in 2020 Premium content

      We’re counting down our top-10 topics of the year

    • Sunday, 6 December, 2020
      The Big Read
      Nikola: the clues in Trevor Milton’s past that investors missed or ignored

      Allegations about the founder’s business practices and personal life continue to raise due diligence concerns in the truck start-up

    • Friday, 16 October, 2020
      Nikola Corp
      Nikola shares fall 16% as investors worry about GM deal

      Detroit carmaker is in negotiations to take 11 per cent stake in embattled start-up

    • Saturday, 26 September, 2020
      Nikola Corp
      Nikola founder bought truck designs from third party

      Company claims that Trevor Milton personally developed vehicle images ‘in his basement’

    • Monday, 21 September, 2020
      Nikola Corp
      Nikola founder Trevor Milton steps down after fraud allegations

      Company says he will forgo $166m in stock awards and must run tweets past its lawyer

    • Monday, 21 September, 2020
      LexNikola Corp
      Nikola: escape velocity Premium content

      Companies that make big claims for their technology are a happy hunting ground for short sellers

    • Thursday, 17 September, 2020
      News in-depthNikola Corp
      Allegations of deception cast shadow over Nikola’s lofty aims

      The truck start-up’s backers say those questioning its technology are missing the point

    • Friday, 11 September, 2020
      News in-depthNikola Corp
      Nikola founder Trevor Milton insists vehicle start-up is roadworthy

      Electric and hydrogen company that announced $2bn tie-up with GM this week also accused of being a fraud

    • Friday, 11 September, 2020
      Nikola Corp
      Nikola says it has ‘nothing to hide’ after short-seller allegations

      US electric truck start-up to refute claims of fraud made by Hindenburg

    • Thursday, 10 September, 2020
      Nikola Corp
      Nikola shares fall after short seller claims business is an ‘intricate fraud’

      Electric truck group is alleged to have exaggerated its technology and faked product videos

    • Tuesday, 9 June, 2020
      Nikola Corp
      Nikola founder says electric truck group remains ‘undervalued’

      Trevor Milton plays down Tesla parallels as shares jump, pushing value past Fiat and Hyundai

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