The founder and executive chairman of embattled electric truck maker Nikola, Trevor Milton, has voluntarily resigned, the company said Monday.
“We’ve built a deep bench of talent over the years, and I am confident that Nikola’s Chief Executive Officer, Mark Russell, supported by Chief Financial Officer, Kim Brady, and the rest of the leadership team will advance our goal of making Nikola the global leader in zero-emissions transportation,” added Milton.News of Milton’s departure surfaced on trade publication FreightWaves late Sunday.
Nikola shares fell sharply on Sept. 10 and 11 after a report from short-seller Hindenburg Research that Nikola had misled investors. Nikola has refuted those claims, though to the allegations it filmed a truck rolling down a hill, the company said it never stated it was driving under its own propulsion.
He ass got fired, smh
I suspected something was amiss...
In India, Thing are Reverse 😅
Ohhh shit 🤯
finshots Fake it till you Make it gone wrong. 😅
Ha! shit was too good to be true from the beginning.
jonathanm3004 😂😂😂😂😂
Guys an idiot lol
Hahahahahahhhh
We have been following this story for weeks. Come see all the other EV deals and SPAC IPO companies with me and our community. No pumping. No buy / sell advice. No price targets. Just DD and research don’t get caught in a bad situation. Real-time discussions.
elonmusk over here like...
I would think that would raise the price not tank it.
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