Nikola partners back company despite founder Milton's exit, CFO says

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Nikola Corp Chief Financial Officer Kim Brady said on Tuesday the electric-truck maker continues to enjoy the support of all its automotive ...

Nikola Corp Chief Financial Officer Kim Brady said on Tuesday the electric-truck maker continues to enjoy the support of all its automotive partners even after the departure of founder Trevor Milton.

Shares of the company were up nearly 5per cent on Tuesday, after losing about 19per cent in market value during the previous session.Milton stepped down following claims of nepotism and fraud by short-seller Hindenburg, which had said the company misled investors and partners over its technology.

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