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Trouble For Trevor Milton ー Freightonomics
Friday, July 30, 2021 - 10:47am | 261Trevor Milton, founder and former chairman of Nikola Corp., was handed down three federal fraud charges Thursday morning for his alleged involvement in misleading investors and retailers about Nikola's true equipment capabilities. On this episode of Freightonomics, Zach Strickland and Anthony...
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Update: Nikola Founder Trevor Milton Pleads Not Guilty On 3 Fraud Charges
Thursday, July 29, 2021 - 4:27pm | 1672As U.S. Attorney Audrey Strauss began citing the numerous lies alleged against Nikola founder Trevor Milton during a Thursday news conference to discuss the grand jury indictment, she utilized an apt phrase given his former company's position as a green-vehicle maker. "Today's criminal charges...
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Truck Talk: Autonomous Prediction Edition
Friday, July 16, 2021 - 12:28pm | 1490This week, we're playing back what some participants in the Autonomous & Electric Vehicles Summit had to say about the sector's future, chronicling the growth in Nikola's dealer network and checking out a very cool new Lego ruck. Summit Voices On Autonomous Trucking's Future FreightWaves...
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Truck Talk: Autonomous Patent Edition
Friday, July 2, 2021 - 4:25pm | 1358This week, we look at how technology patents suggest possible winners and also-rans in the autonomous trucking race to commercialization. And Cummins cuts a deal that replaces the sunsetting of its 20-year-old natural gas joint venture with Westport Fuel Systems. A Patent Argument Sizing up the...
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Exclusive First Ride: Nikola Electric Truck Can Turn On A Dime
Wednesday, June 16, 2021 - 10:23am | 2058PHOENIX — From a minimalist cockpit-style cab with nearly every function visible on a 17 1/2-inch display monitor to whisper-quiet battery-electric operation and a turning radius that could jackknife a typical semi, the Nikola Tre daycab is no enhanced computer image or exaggeration. It is a very...
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Nikola Goes Private To Raise Up To $300M In New Money
Monday, June 14, 2021 - 2:06pm | 506Nikola Corp. (NASDAQ: NKLA) will sell up to $300 million in new shares to investment banker Tumim Stone Capital, bypassing a public offering for new money to keep electric truck and hydrogen fueling station production on track. Nikola filed an S-1 in May with the Securities and Exchange Commission...
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The Daily Dash: $1 Annual Salaries At Nikola
Thursday, May 20, 2021 - 10:45am | 598The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight Nikola executives playing the long game, TuSimple's watermelon deliveries and more. FreightWaves' free virtual event, LIVE @HOME, continues on Thursday; you can listen to pioneering...
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Benzinga's Final Bulls And Bears Of The Year: Alibaba, Apple, Intel, Tesla And More
Saturday, January 2, 2021 - 12:25pm | 1273Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included the iPhone maker and electric vehicle stocks. A semiconductor maker and a Chinese internet giant were among the bearish calls. The final trading week of a tumultuous...
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Benzinga's Bulls And Bears Of The Week: Amazon, Apple, Ford, GE, Palantir And More
Saturday, December 5, 2020 - 1:06pm | 1232Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included the iPhone maker, the e-commerce colossus and a top airline. A couple of vehicle makers and and a top solar play were among the more bearish calls. December has arrived...
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Nikola Bites The Dust, Hyllion Might Follow Suit
Tuesday, December 1, 2020 - 12:30pm | 791The recent presidential election fueled gains in EV stocks as Biden's leadership is green-centric with large tax credits for EV purchases and investments in charging infrastructure. More and more people are shifting toward EVs, with the main reasons being cost-efficiency, improved battery...
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Camping World CEO Lemonis Shows Off Lordstown EV Pickup In Twitter Videos
Saturday, November 14, 2020 - 12:57pm | 552Marcus Lemonis, CEO of Camping World Holdings Inc (NYSE: CWH), has shared three videos on Twitter of him interacting with and test driving a prototype from Lordstown Motors. What Happened: The videos posted Thursday night show the upcoming Lordstown Motors Corp (NASDAQ: RIDE)...
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Fintech Focus For November 10, 2020
Monday, November 9, 2020 - 6:42pm | 2688Quote Of The Day: A dying man can do nothing easy. - Benjamin Franklin Fintech Movers: The rise of new financial technologies will call for new approaches to regulation, Federal Reserve Bank of Cleveland President Loretta Mester said Monday. - WSJ UK fintech industry braces for Brexit. Mastercard...
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Nikola Says Trial Production Planned For Q2 2021, GM Deal Talks Continue
Monday, November 9, 2020 - 5:37pm | 397Former SPAC Nikola Corporation (NASDAQ: NKLA) was in the spotlight Monday after reporting third-quarter earnings and updates on production. Earnings Report: Nikola announced a net loss of 16 cents per share in the third quarter. This beat street consensus of a loss of 19 cents. The company redeemed...
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Fintech Focus For October 22, 2020
Wednesday, October 21, 2020 - 6:14pm | 2017Quote Of The Day: When we strive to become better than we are, everything around us becomes better too. - Paulo Coelho Fintech Movers: Coinbase received 1,914 requests for information in the first six months of 2020 alone. Nearly 60% of those came from state and federal agencies in the U.S.—...
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Fintech Focus For September 23, 2020
Tuesday, September 22, 2020 - 5:39pm | 2196Quote Of The Day: Hope is a good breakfast, but it is a bad supper. - Francis Bacon Fintech Movers: Consumers continue to reject legacy banking bill-paying platforms, which are perceived as inefficient. In most cases, they prefer making payments directly to service providers. - BillGO One Finance...