Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Israeli intelligence ‘dismissed’ detailed warning of Hamas raid
    • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
    • Geert Wilders faces early setback in Dutch coalition talks
    • Hamas releases 24 hostages as Israel truce takes hold
    • Cathay Pacific offers cheap flights to help Hong Kong’s ‘patriots only’ vote
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • KPMG extends pay freeze to 12,000 UK staff
      • Tesla strikes in Sweden are ‘insane’, says Elon Musk
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Jeff Zucker hits out at rival Telegraph bidders for ‘slinging mud’
      • Boots offloads £4.8bn pension scheme to Legal & General
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
      • News updates from November 24: Hamas releases hostages as Israel truce begins, Netherlands’ VVD party deals blow to Geert Wilders’ government hopes
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Investors dump dollar in bet that US rates have peaked
      • Montenegro court clears crypto chief Do Kwon for extradition
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • OpenAI has just fused its corporate ‘kill switch’
      • Europe’s problem? It’s too attractive
      • Crypto power struggle enters new stage with Binance settlement
      • Slaying the worklessness monster is a thankless but crucial task
      • A much-needed truce between Israel and Hamas
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
      Most Read
      • Business Books: What to read this month
      • Brexit negotiator Michel Barnier: ‘The EU is not the same one the UK left’
      • In search of chief executives who never grow ‘old’
      • Start-ups challenge culture of the Japanese salaryman
      • The inescapable tyranny of the bad boss
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Tom Hanks: ‘I was a pretty lucky guy’
      • Why the breakdown of the 9-to-5 job is making us lonelier
      • Leon Black’s downfall confounds the legacy of #MeToo on Wall Street
      • The most decorated mountaineer ever (and why you’ve never heard of him)
      • Could younger homebuyers turn Belgravia from staid to ‘buzzy’?
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Trevor Milton

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Thursday, 16 November, 2023
      Trevor Milton’s smol bean legal defence

      Your Honour . . . 

    • Wednesday, 15 November, 2023
      Former Nikola boss should not get prison time for fraud, his lawyers argue

      Trevor Milton is set to be sentenced on November 28

      Trevor Milton leaving the courthouse in Manhattan where he was on trial for fraud
    • Friday, 14 October, 2022
      Nikola founder Trevor Milton convicted of fraud

      Federal prosecutors had accused him of misleading investors to drive up the share price of electric vehicle company

      Trevor Milton at the federal courthouse in Manhattan
    • Wednesday, 12 October, 2022
      Behind the Money podcast20 min listen
      An electric truck start-up founder goes to trial

      Trevor Milton and his electric vehicle start-up Nikola became Spac darlings in 2020. Then it all came crashing down

    • Tuesday, 13 September, 2022
      Nikola Corp
      Nikola founder Trevor Milton accused of misleading investors at fraud trial

      Defence calls electric truck entrepreneur an innocent victim of ‘prosecution by distortion’

      Trevor Milton outside the federal courthouse in Manhattan at the start of his criminal fraud trial
    • Tuesday, 21 December, 2021
      LexNikola Corp
      Nikola: electric truck start-up drives away from founder

      US carmaker delivers first vehicles and agrees to pay SEC $125m to settle charge related to former boss Trevor Milton

      Trevor Milton speaks during a presentation of Nikola’s new full-electric and hydrogen fuel-cell battery in Turin, Italy
    • Tuesday, 21 December, 2021
      Nikola Corp
      Electric truck group Nikola pays $125m to settle SEC fraud charges

      US regulator accused ex-chief Trevor Milton of misleading investors on vehicles’ capabilities

    • Thursday, 4 November, 2021
      Nikola Corp
      Nikola expects to pay $125m in SEC settlement

      Electric truck start-up says it will seek repayment from its founder with who it is in dispute with over legal fees

    • Tuesday, 3 August, 2021
      Nikola Corp
      Nikola slashes delivery and sales projections for 2021

      Electric truckmaker says supply chain shortages could prevent it from booking revenue

    • Friday, 30 July, 2021
      Due Diligence
      The face of the Spac boom is accused of misleading investors Premium content

      Plus, a much-awaited report on the Archegos crisis and private equity’s involvement in the UK’s most beloved institution

    • Thursday, 29 July, 2021
      Electric vehicles
      Nikola founder Trevor Milton charged with making false statements

      US prosecutors allege he ‘told lies to generate demand’ for truck start-up’s stock

      Trevor Milton
    • Saturday, 3 April, 2021
      Nikola founder sells shares for $49m

      Trevor Milton offloaded stock while electric truck start-up faces investigations

    • Friday, 26 February, 2021
      Nikola Corp
      Nikola internal review finds several of founder’s claims ‘inaccurate’

      Law firm hired by electric truckmaker lists nine inaccurate statements by founder Trevor Milton

    • Friday, 25 December, 2020
      Due Diligence
      The best of DD’s corporate finance coverage in 2020 Premium content

      We’re counting down our top-10 topics of the year

    • Sunday, 6 December, 2020
      The Big Read
      Nikola: the clues in Trevor Milton’s past that investors missed or ignored

      Allegations about the founder’s business practices and personal life continue to raise due diligence concerns in the truck start-up

    • Friday, 16 October, 2020
      Nikola Corp
      Nikola shares fall 16% as investors worry about GM deal

      Detroit carmaker is in negotiations to take 11 per cent stake in embattled start-up

    • Saturday, 26 September, 2020
      Nikola Corp
      Nikola founder bought truck designs from third party

      Company claims that Trevor Milton personally developed vehicle images ‘in his basement’

    • Monday, 21 September, 2020
      Nikola Corp
      Nikola founder Trevor Milton steps down after fraud allegations

      Company says he will forgo $166m in stock awards and must run tweets past its lawyer

    • Monday, 21 September, 2020
      LexNikola Corp
      Nikola: escape velocity Premium content

      Companies that make big claims for their technology are a happy hunting ground for short sellers

      Nikola’s founder Trevor Milton
    • Thursday, 17 September, 2020
      News in-depthNikola Corp
      Allegations of deception cast shadow over Nikola’s lofty aims

      The truck start-up’s backers say those questioning its technology are missing the point

    • Friday, 11 September, 2020
      News in-depthNikola Corp
      Nikola founder Trevor Milton insists vehicle start-up is roadworthy

      Electric and hydrogen company that announced $2bn tie-up with GM this week also accused of being a fraud

    • Friday, 11 September, 2020
      Nikola Corp
      Nikola says it has ‘nothing to hide’ after short-seller allegations

      US electric truck start-up to refute claims of fraud made by Hindenburg

    • Thursday, 10 September, 2020
      Nikola Corp
      Nikola shares fall after short seller claims business is an ‘intricate fraud’

      Electric truck group is alleged to have exaggerated its technology and faked product videos

    • Tuesday, 9 June, 2020
      Nikola Corp
      Nikola founder says electric truck group remains ‘undervalued’

      Trevor Milton plays down Tesla parallels as shares jump, pushing value past Fiat and Hyundai

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

    Tools

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Israel-Hamas war
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
      • Artificial intelligence
      • Semiconductors
      • Cyber Security
      • Social Media
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In