. Founder of electric-truck startup Nikola charged with fraud, lying to investors « JO LEE MAGAZINE

NYPOST – Trevor Milton, the founder of electric-truck startup Nikola, was indicted Thursday on charges of lying to investors by, among other fraudulent claims, pushing a truck down a hill to pretend it was “fully operational.” Milton repeatedly lied about the capabilities of his company’s electric trucks and, after the company went public, he doubled down on lies in a bid to push the share price up, prosecutors alleged Thursday. Milton also allegedly lied when he insisted on Twitter that one of Nikola’s trucks was being built entirely with the company’s own proprietary technology.

Therefore at NYPOST 

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