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 has the backing of all of its automotive partners even after the departure of founder and Chairman Trevor Milton.

FILE PHOTO: CEO and founder of U.S. Nikola Trevor Milton attends a news conference held to presents its new full-electric and hydrogen fuel-cell battery trucks in partnership with U.S. Nikola, at an event in Turin, Italy, December 3, 2019. REUTERS/Massimo PincaChief Financial Officer Kim Brady said on Tuesday the electric-truck maker has the backing of all of its automotive partners even after the departure of founder and Chairman Trevor Milton.

“We feel very confident about due diligence that has been performed by our partners, and as you can see, our partners have been 100% supportive and behind us,” Brady told investors at a virtual conference organized by Evercore ISI.and Germany's Bosch said on Monday they were sticking to their alliances with Nikola.

 

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Man they had a truck with no power driving in their investment video. That’s fraud.

FBI take control . NIKKOLA RIP , BLACK wednesday coming , nasdaq , down

NKLA = 🗑

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Nikola founder Trevor Milton resigns following fraud allegations - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why resign if there’s no fraud? Nothing to hide right?
Source: BusinessInsider - 🏆 729. / 51 Read more »