Nikola founder Trevor Milton resigns as chairman amid allegations, SEC probe

Nikola founder Trevor Milton resigns as chairman amid allegations, SEC probe

Washington: The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced on Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation. The Phoenix-based company said in a statement that it had accepted Trevor Milton’s resignation and that he would be replaced by Stephen Girsky, … Read more