cnn.com
A truck with the doors duct-taped on. Ford pickups masquerading as something else. The head of a company running to google whether or not the thing he had just promised inventors was even physically possible. These are some of the wildest allegations from charging documents filed this morning against Trevor Milton, the founder and former chairman of electric-and-hydrogen vehicle company Nikola. The US Attorney’s office for the Southern District of New York alleges that Milton deceived investors about the nature and progress of Nikola. Milton’s legal team, in response, released a statement saying he is “innocent” of the allegations and that “justice was not served by the government’s action today, but it will be when Mr. Milton is exonerated.”
over 4 years ago