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Trevor Milton

Discussion in 'Fuel Cell Vehicles' started by bwilson4web, Jul 31, 2021.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Source: U.S. charges Nikola founder Trevor Milton with lying to investors | Reuters

    Milton, 39, pleaded not guilty at a hearing in Manhattan federal court to two counts of securities fraud and one count of wire fraud over statements he made from November 2019 to September 2020 about Nikola's products and technology.

    Authorities said Milton relied on a public relations blitz of social media posts as well as TV and podcast interviews to drive up Nikola's stock price, become one of the world's 100 richest people and "elevate" his stature as an entrepreneur.

    "Milton lied about nearly every aspect of the business," U.S. Attorney Audrey Strauss in Manhattan said at a news conference. "Today's criminal charges against Milton are where the rubber meets the road."

    Knowing the physics and chemistry of hydrogen fuel cells, he was (is) not the only one who have abused the public trust. I have no problem with 'run the experiment' but facts and data keep getting in the way.

    Bob Wilson
     
  2. bisco

    bisco cookie crumbler

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    there are a lot of liars making a fortune in the stock market, just don't get caught