Dec 18, 2023 · Specifically, prosecutors pointed to an infamous video used to promote the Nikola One semi truck prototype that falsely claimed that the electric truck was fully functional and operating under its own power when in actuality, the truck was filmed rolling down a hill.

Sep 17, 2020 · In January 2018, the company posted a video titled "Nikola One Electric Semi Truck in Motion" that showed the vehicle trucking down a deserted road. Hindenburg claimed this demo was faked --...

Sep 14, 2020 · A 2018 Nikola video showed the Nikola One prototype rolling down a shallow hill in Utah. Nikola now says it never claimed the truck was driving under its own power.

Sep 14, 2020 · Nikola Motors (NKLA) has issued a somewhat weak response to the allegations made in a recent report, and even admitted to faking the video of their electric hydrogen truck driving on the road.

Oct 14, 2022 · Those prosecutors alleged that Nikola — founded by Milton in a Utah basement six years ago — falsely claimed to have built its own revolutionary truck that was actually a General Motors Corp....

Jul 30, 2021 · Nikola became the laughingstock of the automotive world last year when it emerged that it had rolled its (purportedly) hydrogen-electric semi truck down a hill in a high-profile demo because...

Dec 18, 2023 · The founder of Nikola Corp. was sentenced Monday to four years in prison for his conviction for exaggerating claims about his company's production of zero-emission 18-wheel trucks, causing...

Jul 29, 2021 · Trevor Milton, the founder of electric-truck startup Nikola, was indicted Thursday on charges of lying to investors by, among other fraudulent claims, pushing a truck down a hill to...

Oct 5, 2022 · Milton’s meteoric rise as the founder of electric vehicle company Nikola — and his sudden fall last year after whistleblowers released a damaging report tearing into the entrepreneur’s claims that he had created a new hydrogen fuel cell technology to transform America’s trucking industry — are explored in the latest episode of “American Greed,” ...

Jul 29, 2021 · Prosecutors specifically point to a video used to promote the Nikola One semi truck prototype that falsely claimed that the electric truck was fully functional and operating under its own power. In the complaint filed against Milton by the U.S. Securities and Exchange Commission, authorities allege that the prototype truck was filmed rolling ...