Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Nikola Founder, charged with lying to investors, sells $77 mn stock
short by Hiral Goyal / on Sunday, 8 August, 2021
Electric truck maker Nikola's billionaire Founder and former Chairman Trevor Milton has raised about $77 million after selling shares in the company, regulatory filings revealed. This comes days after Milton was charged with lying to investors about Nikola's business and technological capabilities. The 39-year-old pled not guilty to the charges and was freed on a $100-million bail by the judge.
read more at BloombergQuint