Nikola's story of fraud, deception, and political intrigue is almost over – the bankrupt company is down to a single ...

Trevor Milton touted his electric vehicle company, Nikola, as the next Tesla, but federal prosecutors say the company was built on a series of lies meant to defraud investors. Milton’s meteoric rise ...

Nikola Corp.'s planned move to ramp up production of semitrucks powered by electric batteries and hydrogen fuel cells will be costly. The Phoenix company is expected to raise $100 million for "working ...

It’s been a wild ride for the ambitious maker of large trucks, including a big-dollar deal with GM and a high-profile fraud conviction for its founder. But now, it’s bankrupt. Nikola’s rise was ...

NEW YORK -- Federal prosecutors in Manhattan on Thursday charged Trevor Milton, the billionaire founder of electric truck manufacturer Nikola, with securities and wire fraud. Authorities had been ...

Milton said in an Instagram video that Trump called and gave him a "full and unconditional" pardon. He was sentenced to prison in 2023 for misleading investors about the capabilities of Nikola's ...

Nikola Corp (NASDAQ:NKLA) shares are trading lower Monday after the company said one of its trucks that caught fire late last month reignited on Sunday afternoon. What Happened: Last month, Nikola ...

Shares of electric and hydrogen-fueled truck maker Nikola (NASDAQ: NKLA) rallied over 26% at one point today, before settling into a 16% gain as of 1:13 p.m. ET. The rally was fueled by the company's ...

The original design for Nikola’s flagship truck was purchased by founder Trevor Milton from a designer in Croatia, according to two people with knowledge of the matter, despite company claims in a ...