Topic - Nikola Corp.

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Trevor Milton, left, leaves the Thurgood Marshall United States Courthouse on Sept. 12, 2022, in New York. Nikola Corp. has been awarded $165 million in an arbitration proceeding with its founder and former executive chairman, according to a regulatory filing. The electric and hydrogen-powered heavy truck maker said in a filing with the Securities and Exchange Commission that it sought reimbursement from Trevor Milton for costs and damages related to actions that were part of government and regulatory investigations, including a December 2021 SEC settlement and associated civil penalty. (AP Photo/Brittainy Newman, file)

Nikola awarded $165 million in arbitration proceeding with founder Trevor Milton

Associated Press

Trevor Milton, left, leaves the Thurgood Marshall United States Courthouse, Sept. 12, 2022, in New York. Milton was convicted Friday, Oct. 14, 2022, of charges he deceived investors with exaggerated claims about his company's progress in producing zero-emission 18-wheel trucks, fueled by electricity or hydrogen. (AP Photo/Brittainy Newman, File)

Head of zero-emission truck venture found guilty of fraud

Associated Press

GM to make electric vehicle, supply batteries for Nikola

By TOM KRISHER - Associated Press