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What was the outcome of the fraud case against Nikola's founder and former CEO, Trevor Milton?

  • Acquitted

  • Settled out of court

  • Found guilty

  • Case dismissed

Answer

In October 2022, Trevor Milton, the founder and former CEO of Nikola Corporation, was found guilty in federal court of three of four counts of fraud against him. The charges were related to statements he made while serving as the CEO of the company.
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