Trevor Milton

Electric trucks find a sweet spot with inbound logistics

Using electric trucks for short, repeatable trips to assembly plants is expanding as more OEMs require suppliers to shush the noise and eliminate the diesel exhaust that accompany delivering incoming parts and components.

How did inbound logistics become a thing in an industry where change most often meets resistance? For their own reasons, stakeholders from sustainability-conscious shippers to regulators and OEMs like inbound logistics as a use case for electric trucks.

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https://www.freightwaves.com/news/electric-trucks-find-a-sweet-spot-with-inbound-logistics

Exclusive: Nikola CEO Girsky upbeat despite myriad challenges

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In his career as a Wall Street analyst, an adviser to the United Auto Workers and a vice chairman of...

https://www.freightwaves.com/news/exclusive-nikola-ceo-girsky-upbeat-despite-myriad-challenges

Nikola founder sentenced to 4 years on fraud convictions

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Nikola Corp. founder Trevor Milton was sentenced to four years in federal prison and fined $1...

https://www.freightwaves.com/news/nikola-founder-sentenced-to-4-years-on-fraud-convictions

Feds seek 11-year prison term for Nikola founder

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Federal prosecutors want Nikola Corp. founder Trevor Milton sentenced to 11 years in prison for...

https://www.freightwaves.com/news/feds-seek-11-year-prison-term-for-nikola-founder

Milton wants Nikola arbitration testimony to bolster probation plea

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As if a 50-page motion for probation was insufficient, convicted Nikola founder Trevor Milton is...

https://www.freightwaves.com/news/milton-wants-nikola-arbitration-testimony-to-bolster-probation-plea

‘Ambitious dreamer’ Trevor Milton seeks probation instead of prison

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Trevor Milton’s lawyers portrayed the Nikola Corp. founder as “guileless” and well meaning in a...

https://www.freightwaves.com/news/ambitious-dreamer-trevor-milton-seeks-probation-instead-of-prison

Nikola claws back $165 million from founder Trevor Milton

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Nikola Corp. won $165 million in arbitration with its convicted founder Trevor Milton. That is more...

https://www.freightwaves.com/news/nikola-claws-back-165-million-from-founder-trevor-milton

Nikola founder loses bid for a new trial

Nikola Corp. founder Trevor Milton lost his bid for a new trial when the judge in his case rejected a defense claim that a juror hid a bias against rich people.

Milton’s personal fortune approached $10 billion during the high-flying days of the electric truck maker’s stock following its public debut in 2020. He has cashed out hundreds of millions of his holdings. But he still owns more than 5% of the company he founded in 2015.

Milton’s defense team argued in December that the juror’s comments...

https://www.freightwaves.com/news/nikola-founder-loses-bid-for-a-new-trial

Girsky’s goal at Nikola: Don’t ‘screw up the momentum’

Steve Girsky knows Nikola Corp. as well as anyone. He was instrumental in bringing the electric truck and hydrogen distributor public via SPAC, and he chaired the board for a tumultuous two and a half years of federal investigations and setbacks. 

Now, as the company prepares to commercially ship hydrogen-powered fuel cell trucks to customers, he has one near-term goal as the third CEO in a year: Don’t “screw up the momentum.”

Girsky gave his first one-on-one interview as CEO to FreightWaves on...

https://www.freightwaves.com/news/girskys-goal-at-nikola-dont-screw-up-the-momentum

Nikola clear to increase share count — thanks to Delaware rule change

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Delaware Gov. John Carney has signed legislation that clears the way for Nikola Corp. to double its...

https://www.freightwaves.com/news/nikola-clear-to-increase-share-count-thanks-to-delaware-rule-change

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