The Nikola Corp. saga took a new turn Thursday night when Trevor Milton, founder and former executive chairman and CEO of Nikola, was issued a full and unconditional pardon by President Donald Trump.

WASHINGTON ― President Donald Trump granted a full and unconditional pardon Thursday to Trevor Milton, founder of hydrogen-powered truck maker Nikola Corp., clearing the charismatic start-up leader of ...

The commercial truck and equipment company files for Chapter 11 bankruptcy, facing a glut in the used-equipment market.

NEW YORK (AP) — A prosecutor accused the founder of a company that claimed it built zero-emission trucks of lying to investors to make himself a billionaire, but his lawyer insisted Tuesday in opening ...

PHOENIX, March 24, 2025 /PRNewswire/ — Nikola Corporation today announced its intention to file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “SEC”) on or about ...

According to the complaint, during the class period, Trevor Milton, chairman and founder, repeatedly falsely touted the strength of Nikola's financial, technological, and operational profile. On ...

Short seller Jim Chanos expressed disbelief Thursday following news that former Nikola Corp. (NASDAQ:NKLA) founder Trevor Milton had received a full and unconditional pardon from former President ...

Kirkland & Ellis partner Aaron H. Marks has entered an appearance for electric vehicle designer Nikola Corp., CEO Mark A. Russell and chief financial officer Kim J. Brady in a pending securities class ...

(Bloomberg) -- Bankrupt electric vehicle maker Nikola Corp. won court permission to auction its Arizona manufacturing facility, an asset creditors said may prove especially valuable to automakers as ...

NEWARK, Calif., April 11, 2025 /PRNewswire/ -- Lucid Group, Inc. (LCID), maker of the world's most advanced electric vehicles, today announced it has reached an agreement to acquire select facilities ...

Lucid Group, Inc (NASDAQ:LCID) announced Friday that it has agreed to acquire select facilities and assets in Arizona previously belonging to Nikola Corp (OTC:NKLAQ) in the bankruptcy auction. Lucid ...