Former Nikola CEO found guilty of lying to investors about a hydrogen vehicle

Former Nikola CEO found guilty of lying to investors about a hydrogen vehicle

The complaint wasn’t against the firm, which is still in operation (and recently recalled over 100 cars), but against Milton, who reportedly refused Nikola’s top engineer’s suggestion to postpone a launch event because the truck wasn’t ready. Nikola said it “appreciates the court’s and jury’s attention to this subject” and is “pleased to finish this chapter” so it can concentrate on its business in a statement sent to The Verge by spokeswoman Colleen Robar.