Trevor Milton, Nikola’s founder and executive chairman, is stepping down with immediate effect in the wake of allegations from a short seller that he and the electric-truck startup had made false statements to investors
Nikola Corp. founder and Executive Chairman Trevor Milton is stepping down from the electric-truck startup with immediate effect in the wake of allegations from a short seller that he and the company had made false statements to investors.
The company said Mr. Milton would be replaced by Stephen Girsky, a former General Motors Co. executive who already sits on the truck company’s board.
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