Wednesday 30 September 2020

GM extends talks on $2 billion deal with Nikola after fraud, sexual assault allegations surface against Trevor Milton

GM extends talks on $2 billion deal with Nikola after fraud, sexual assault allegations surface against Trevor Milton

General Motors and Nikola are not expected to finalize a $2 billion deal scheduled to close before Wednesday after allegations of fraud and sexual abuse surfaced against the embattled start-up’s founder and former executive chairman, Trevor Milton, according to two people familiar with the negotiations.
Read more: https://www.cnbc.com/2020/09/29/gm-extends-talks-on-2-billion-deal-with-nikola-after-fraud-sexual-assault-allegations-surface-against-trevor-milton-.html?source=Snapzu

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