CEO Trevor Milton resigned
Nikola Motors:
The End of an Era | | | | |
The Nikola Motors saga continues in a (un)surprising turn of events: CEO Trevor Milton resigned Sunday night.
And while many investors and traders loved the company, Lance Ippolito has been warning his readers about it.
Why? Well this is the same company that has been throwing out ideas of zero-emissions cars and "plans" to produce them since 2016… And the only things Nikola Motors has to show for it in 2020 are no cars and the $36,000 in revenue that came from the CEO installing solar panels he bought himself.
This is also coming a week after an investigation was launched into whether the company committed fraud. This all revolves around a Nikola Motors commercial showing one of its self-driving trucks "driving" itself… when in fact it was being pushed down a hill to make it look like the truck was working.
And that's not even the worst of what the company has been up to…
| | How shady can 1 company get? | | | | |
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