Fisker Files for Bankruptcy as E.V. Maker’s Cash Runs Short
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
Posted inBankruptcies Burns, Steven Canoo Inc Decisions and Verdicts Electric and Hybrid Vehicles Entrepreneurship Faraday & Future Inc Fisker Automotive Frauds and Swindling Hindenburg Research Lordstown Motors Corp Milton, Trevor (1981- ) Nikola Motor Co Production Securities and Commodities Violations Short Selling Start-ups Stocks and Bonds Trucks and Trucking
E.V. Start-up Founder Could Get Prison Term in Fraud Case
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.