The Latest Breaking News from Trevor Milton

The founder of Nikola Corp. has been found guilty on charges he duped investors with exaggerated claims about his company’s production of zero-emission 18-wheel trucks

Despite growing EV demand and supportive government policies, the industry has been struggling with numerous challenges, including supply chain issues, chip shortages, material inflation, and inadequate charging infrastructure. So, considering the headwinds, we think it could be wise to avoid fundamentally weak EV stocks Lucid (LCID), Nikola (NKLA), Faraday Future…

A video of a truck from Nikola Corp (NASDAQ: NKLA) became the talk of the financial world after a short report questioned if the truck was actually driving. Nikola later admitted the truck was rolling downhill.

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

EV maker Nikola Corp (NASDAQ:NKLA) founder and former Chair Trevor Milton voted against a proposal to raise capital by issuing new shares, Bloomberg reports. The veto led to the adjourning of the annual shareholder meeting to June 30 to request more proxies in favor of the proposal. Milton is Nikola's single largest shareholder, with the…