President Trump reportedly pardons Nikola founder Trevor Milton
President Donald Trump has reportedly pardoned Nikola founder Trevor Milton after he was convicted of securities and wire fraud in 2022 based on allegations that he lied about the Phoenix-based electric truck company’s technology and capabilities.
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EV maker Nikola files for bankruptcy protectionThe troubled electric truck maker Nikola has filed for Chapter 11 bankruptcy protection, the company said Wednesday. Nikola's CEO, Steve Girsky, said in a statement that "various market and ...
Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company's yearslong fall from grace.
Trevor Milton, who was sentenced to prison in 2023 for misleading investors about Nikola's trucks, first shared news of his ...
This report highlights some of the top companies we’ve lost to bankruptcy like Canoo, Fisker, Nikola, 23andMe, and Forever21.
Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its ...
The company filed for Chapter 11 bankruptcy to “facilitate a sale process.” Its chief executive stepped down and said she ...
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