Nikola founder Trevor Milton sentenced to four years in prison in EV truck fraud case
by MatchingTurret
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Nikola founder Trevor Milton sentenced to four years in prison in EV truck fraud case
by MatchingTurret
13 Comments
ah, the old “kitchen sink” legal defense.
I’ll never forget when he hired some guys onto Nikola’s payroll so they could install the solar panels on his roof and then claim the money he paid them as company revenue.
That explains my ~98% returns on my investment.
Lol.
Fucking GM should be embarrassed for having done a deal with that transparent con man.
Sounds more like and Edison than a Nikola
That’s a sweet deal. 4 years in exchange for 300+ million. I’d do it.
I imagine this will have many drunk uncles talking shit about EVs over Xmas dinner. Proof that they will never work!
4 yrs for 250M, I’ll take that…
Finally some justice.
It’s a hydrogen truck, no more electric than a Prius.
*(Edit):* well, technically it was powered by gravity…
We have super computer that runs HTML5 in our car
Hey Trevor, don’t drop the soap.
>In November 2019, the Los Angeles Times reported that Milton had bought a 2,000-acre Utah ranch with a 16,800 square foot riverside mansion for $32.5 million.
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> Milton owned about 25% of Nikola, his share is now valued at $236.5 million.
that $1M fine is going to sting. crime pays.