Nikola Corporation (NKLA)
After hours:
- Reuters
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
(Reuters) -A U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the electric truck maker $167.7 million for making false and misleading statements about the company to the public. In a decision on Monday, U.S. District Judge Diane Humetewa in Phoenix upheld a divided arbitration panel's November 2023 award in Nikola's favor. Humetewa said the panel acted within its authority in interpreting a separation agreement that Milton entered when he resigned as Nikola chief executive in September 2020.
- StockStory
Reflecting On Automobile Manufacturers Stocks’ Q2 Earnings: Rivian (NASDAQ:RIVN)
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the automobile manufacturers industry, including Rivian (NASDAQ:RIVN) and its peers.
- PR Newswire
TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION
Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of accomplished transportation executive Thomas "Tom" Schmitt as Chief Commercial Officer (CCO) of Nikola Corporation.
