Trevor Milton, founder and former CEO of electric and hydrogen vehicle company Nikola, has been found guilty on three counts of fraud after a jury decided that he lied to investors to increase the startup’s stock. An indictment filed in 2021 accused the company of staging a video that purportedly showed its Nikola One semi driving under its own power, when it was actually rolling down a hill.
Milton was also accused of misleading investors about where the batteries in its vehicles came…
