Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO

Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Corp.'s founder Trevor Milton was sentenced to four years in prison for making false and misleading statements to retail investors to drive investor demand. He was also fined $1 million, and three years of supervised release. As per reports, he could be forced to forfeit property as part of his sentence. Judge Edgar Ramos reportedly allowed Milton to remain free on bail while he appeals...

RTTNews | 560 days ago

Nikola Appoints Mary Chan As Chief Operating Officer

Nikola Corp. (NKLA) announced Monday the appointment of Mary Chan as Chief Operating Officer (COO), effective October 9, 2023. Chan will lead the company's engineering, program, product, supply chain, and manufacturing teams.

RTTNews | 651 days ago

Nikola To Expand Dealer Network Into Canada For Class 8 Truck Sales And Service Coverage

Nikola Corp. (NKLA) announced Friday an expansion of its dealer network into Canada for its Class 8 truck sales and service coverage with the addition of ITD Industries Inc., an industry leading commercial trailer manufacturer and technology business headquartered in Toronto, Ontario.

RTTNews | 654 days ago

Nikola Announces Q2 Battery-electric Truck Deliveries

Nikola Corp. (NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced Wednesday its quarterly deliveries for its battery-electric truck, with wholesale of 45 trucks and retail of 66 trucks in the quarter ended June 30, 2023.

RTTNews | 726 days ago

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains across most sectors led by gold miners and technology stocks. Iron ore miners were the only weak spot.

RTTNews | 2h 6min ago

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Tuesday, following the broadly positive cues from Wall Street overnight, amid ongoing optimism about trade deals ahead of the impending deadline for U.S. reciprocal tariffs early next month. Market sentiment also improved as the truce in the 12-day war between Israel and Iran continued to hold without violations from either side.

RTTNews | 2h 27min ago

Thai Stock Market May Extend Monday's Gains

The Thai stock market on Monday halted the two-day slide in which it had given up more than 25 points or 2.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,090-point plateau and it's tipped to open in the green again on Tuesday.

RTTNews | 3h 27min ago

Indonesia Stock Market May Add To Its Winnings

The Indonesia stock market has moved higher in two straight sessions, collecting almost 100 points or 1.3 percent along the way. The Jakarta Composite Index now sits just above the 6,925-point plateau and it may open to the upside again on Tuesday.

RTTNews | 3h 57min ago

EURUSD	1.1789	GBPUSD	1.3745	AUDUSD	0.65767
USDJPY	143.646	USDCAD	1.36054	USDCHF	0.79198

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Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO