Trevor Milton Tries to Undermine Nikola's Bankruptcy Sale Process

Trevor Milton Tries to Undermine Nikola's Bankruptcy Sale Process
During a recent court hearing, Nikola's bankruptcy sale to Lucid Motors faced unexpected scrutiny when a lawyer representing Trevor Milton raised concerns about the auction process. Milton, barred from touring Nikola's Arizona factory, appears to be attempting to influence the proceedings post-pardon from President Trump. Nikola's legal team dismissed the lawyer's claims as baseless, suggesting they may be aimed at impacting a $168 million arbitration award owed to the company. Despite the hiccup, the sale of Nikola’s assets is expected to proceed, with Lucid planning to hire 300 Nikola employees.