With founder Trevor Milton gone, Nikola Corp. (NASDAQ: NKLA) Chief Financial Officer Kim Brady tried to clear a cloud of confusion over what the startup electric truck maker does and doesn’t do.
Allegations that Milton misled investors about the company’s technological accomplishments led to his sudden resignation. A battering of the company’s stock followed a brutal Sept. 10 report by short seller Hindenburg Research. Nikola shares closed about 3% higher on Tuesday.
Milton exited the company,...
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