Nikola Corporation (NKLA)
Nikola founder Trevor Milton accused of trying to derail bankruptcy case
A court hearing on the sale of bankrupt electric truck startup Nikola's assets to Lucid Motors was going smoothly on Friday. No objections had been filed to the transaction, and Delaware bankruptcy Judge Thomas Horan verbally approved it without hesitation.
Nikola founder Trevor Milton wants to buy the bankrupt startup's assets
Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter.
Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
President Trump's intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.
Trump pardons Nikola founder Trevor Milton in securities fraud case
President Trump pardoned Nikola Corp. founder Trevor Milton for his October 2022 conviction of federal crimes related to defrauding investors with false claims about the success of the electric and hydrogen-powered truck maker.
Trump pardons Nikola founder in securities fraud case
CNBC's Eamon Javers joins 'Squawk on the Street' to discuss Trump's latest round of pardons and his continued battle against law firms.
Nikola founder Trevor Milton says Trump pardoned him in securities fraud case
Nikola founder Trevor Milton said that President Donald Trump has pardoned him. Milton was convicted in October 2022 of crimes related to defrauding investors with misrepresentations about the success of the electric- and hydrogen-powered truck maker.
Prediction: After Nikola (NKLA), Rivian (RIVN) Is the Next EV Maker to Go Belly Up
[00:00:04] Doug McIntyre: You predicted that one of the small ev companies was going to go belly up and actually more than one has but What was your prediction?
Bankrupt Nikola wants to sell its whole business by April
Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the company told a judge Thursday during the first hearing of its bankruptcy case in Delaware.
EV Startup Nikola's stock plummets 38% after bankruptcy filing
Nikola Corporation (Nasdaq: NKLA), a once-promising electric vehicle startup, filed for Chapter 11 bankruptcy protection Wednesday after failing to secure a buyer or raise additional funds to sustain operations. The Phoenix-based company, known for its hydrogen and battery-electric trucks, announced that it will pursue a structured sale of its assets under Section 363 of the U.S. Bankruptcy Code.
EV Truck Startup Nikola Files for Chapter 11 Bankruptcy
Electric vehicle startup Nikola (NKLA) filed for Chapter 11 bankruptcy and plans to move forward with an auction of its assets, pending court approval, the company said Wednesday.
Nikola stock tumbles following bankruptcy announcement
Nikola Corp (NASDAQ:NKLA) stock plummeted after the heavy-duty electric vehicle manufacturer revealed it has filed for Chapter 11 bankruptcy. The Phoenix, Arizona-based company said it has initiated an auction and sale process for its assets, with potential buyers including both strategic and financial investors.
Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy
On Wednesday, the electric vehicle maker -- which paid $125 million to settle claims it misled investors -- said it is seeking an auction and sale process of its assets.
