Education and technology

Nikola's Trevor Milton steps down as chairman as stock tanks

Nikola's Trevor Milton steps down as chairman as stock tanks

Trevor Milton, founder and executive chairman of hydrogen-electric truck startup Nikola, announced Monday he is stepping down from his position, effective immediately. Milton's departure comes nearly two weeks after a bombshell report from financial analysis firm (and Nikola short-seller) Hindenburg accused the startup of being an "intricate fraud."

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