From the «this isn't Nam Smokey, there are rules» department:
Feed: Technology | The Guardian
Title: Nikola founder sentenced to four years for lying about company’s electric
cars
Author: Reuters
Date: Mon, 18 Dec 2023 15:53:09 -0500
Link:
https://www.theguardian.com/technology/2023/dec/18/nikola-founder-sentenced-four-years-trevor-milton
Trevor Milton had requested probation after being found guilty of misrepresenting his company’s technology to investors
Trevor Milton, the convicted founder of the electric- and hydrogen-powered truck
maker Nikola, was sentenced to four years in prison on Monday after a jury last year found him guilty of lying to investors about the company’s technology.
Federal prosecutors in Manhattan said Milton misled investors by stating that Nikola had built a pickup from the “ground up”, that it had developed its own
batteries even though he knew it was buying them, and that it had early success creating a “Nikola One” semi-truck that he knew did not work.
Continue reading...[1]
Links:
[1]:
https://www.theguardian.com/technology/2023/dec/18/nikola-founder-sentenced-four-years-trevor-milton (link)
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