Nikola Corporation, the electric vehicle manufacturer, has rejected a slate of five directors nominated by its founder and former CEO, Trevor Milton, for election to its board. Milton, who was recently sentenced to prison for fraud, proposed the nominees through an entity he controls. The company stated that the nominees lacked the necessary experience. Nikola also highlighted that Milton still owes the company $165 million.
Lmao Trevor Milton nominated one of the Diesel brothers to Nikola’s board of directors $NKLA
🍿Convicted fraudster Trevor Milton nominated 5 directors to the Nikola board 🍿Nikola said they "indisputably lack the depth of experience" needed 🍿Milton *still* owes Nikola $165m Latest in this downhill saga from @OrtencaAl, @sindap & me: https://t.co/jwauqwZ6DR
Nikola rejects Trevor Milton board nominees after fraud sentence https://t.co/b4fhbCyBV6
EV maker Nikola rejects convicted founder Trevor Milton’s plan to add 5 board members https://t.co/ntQ4nJZlDO
Nikola said it rejected a slate of director nominees proposed by an entity controlled by founder and former CEO Trevor Milton, who was recently sentenced to prison for fraud https://t.co/NK85OHpMqP
NEWS: Nikola Rejects Board Nominees From Disgraced Founder Milton $NKLA Reporting by @RickClough https://t.co/UHS5J0jKwU
Nikola rejects slate of directors nominated by Trevor Milton for election to Nikola Board of Directors – Read important information HERE: https://t.co/KGWKsI89QC
$NKLA ❖ NIKOLA REJECTS SLATE OF DIRECTORS NOMINATED BY TREVOR MILTON