The Latest Breaking News from Nikola

It turns out that rolling a truck down a hill is not actually proof that your electric vehicle (EV) works.

Trevor Milton, the wealthy founder of Nikola Corp., was convicted of deceiving investors with exaggerated claims about his company's progress in producing zero-emission 18-wheel trucks.

The Euro version of the Nikola Tre BEV has a quoted range of up to 530 km / 330 miles and there’s also a fuel cell version with 800 km / 497 miles.

Trevor Milton looked like the next Elon Musk—and may end up the next Elizabeth Holmes. As the first of his several trials gets under way, the people who exposed him reveal how it all went down.

A video of a truck from Nikola Corp (NASDAQ: NKLA) became the talk of the financial world after a short report questioned if the truck was actually driving. Nikola later admitted the truck was rolling downhill.

U.S. stock futures traded higher this morning after recording gains in the previous session. Investors, meanwhile, focused on some notable insider trades.

Electric vehicle stocks fell across the board in the week ended September 2 amid macroeconomic concerns that rocked the market. The August jobs report, the U.S. government’s move to restrict chip exports to China, and the shutting down of the Nord Stream 1 offshore pipeline that supplies oil from Russia…

The two electric vehicle manufacturers are facing soaring production costs.

The Dow Jones and Nasdaq both lost support at their 50-day lines as bearish developments continue to emerge in today's market.