Nikola founder Trevor Milton has stepped down as executive chairman after a short seller accused Milton and the hydrogen and electric truck startup of misleading investors and overstating the value of a business deal. From a report: Milton has also resigned from the company’s board, Nikola said in a statement on Sunday. The company has previously denied the allegations and threatened…
Tag: electric truck
Ford Says It Has Nothing To Prove To Tesla In F-150 Vs Cybertruck Tow Battle
Sadly, it’s looking like the Ford F-150 versus Tesla Cybertruck tow battle probably won’t happen. TechCrunch reports: Tesla CEO Elon Musk poked the figurative Dearborn, Michigan bear in the middle of the company’s Cybertruck unveiling when he played a video of the futuristic electric truck pulling an F-150 in what was pitched as a head-to-head contest. Many were quick to question…