Technology

Trevor Milton to reimburse Nikola $165M per arbitration proceeding

Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a filing with the Securities and Exchange Commission that an arbitration panel in New York awarded the funds to Nikola on October 20. The company had sought reimbursement […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Leave a Reply

Your email address will not be published. Required fields are marked *