Nikola CFO: Milton statements ‘could be inaccurate or exaggerated’

Nikola Corp. founder Trevor Milton linked his social media posts to the newly public electric truck maker’s rising stock price, CFO Kim Brady testified Friday, supporting the government’s fraud case against Milton.

Milton faces a maximum of 25 years in prison if convicted of the most serious of four federal fraud charges. The government claims Milton defrauded investors by lying about the company’s technology accomplishments and the promise of future products to inflate the stock price.

Brady join...

https://www.freightwaves.com/news/nikola-cfo-testifies-milton-statements-could-be-inaccurate-or-exaggerated

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