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Keyword: nikola

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  • Trump pardons Nikola founder convicted of fraud

    03/28/2025 1:46:39 PM PDT · by Miami Rebel · 6 replies
    Fox Business ^ | 3/28/2025 | Alex Nitzberg
    Nikola founder Trevor Milton announced Thursday on social media that he had been fully pardoned by President Donald Trump. "Today I was issued a full and unconditional pardon by @realdonaldtrump himself. He called me personally to tell me," Milton noted. The Associated Press reported that the White House confirmed on Friday that the president had pardoned Milton. Fox News Digital reached out to the White House on Friday but did not receive a response by publication time. "This pardon is not just about me—it’s about every American who has been railroaded by the government, and unfortunately, that’s a lot of...
  • Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy

    02/20/2025 1:12:23 AM PST · by Libloather · 9 replies
    NY Post ^ | 2/19/25 | Taylor Herzlich
    Scandal-scarred electric semi-truck maker Nikola — a pandemic darling once valued at $30 billion — filed for bankruptcy on Wednesday. The company said it is seeking an auction and sale process of its assets, becoming the latest electric-vehicle maker to stumble after grappling with tepid demand, rapid cash burn and funding challenges. “Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate,” chief executive Steve Girsky said in a statement. **SNIP** Nikola shares plummeted 40% Wednesday morning. Electric car sales have been faltering in the US due...
  • Nikola founder Trevor Milton sentenced to four years in prison for fraud

    12/18/2023 12:25:30 PM PST · by NohSpinZone · 10 replies
    CNBC ^ | 12/18/2023 | By Michael Wayland and Dan Mangan
    Nikola founder Trevor Milton was sentenced Monday to four years in prison in connection to defrauding investors of the embattled electric- and hydrogen-powered truck maker. Milton also was fined $1 million and could later be forced to forfeit property as part of his sentence. The punishment was far lower than the 11 years prosecutors had requested at Milton’s sentencing in U.S. District Court in Manhattan. But it was substantially more than the non-jail sentence of probation sought by Milton’s attorneys. “I did not intend to harm anyone and I did not commit those crimes levied against me,” Milton told Judge...
  • Nikola Tesla

    01/07/2023 7:10:02 AM PST · by EEGator · 86 replies
    1-7-2023 | Self
    80 years ago today, the greatest electrical engineer ever passed away. Feel free to share any nerd comments, or arguments. https://en.wikipedia.org/wiki/Nikola_Tesla
  • Nikola Corporation To Unveil Game-Changing Battery Cell Technology At Nikola World 2020

    11/27/2019 11:25:16 AM PST · by Red Badger · 79 replies
    PR Newswire ^ | Nov 19, 2019, 09:01 ET | News provided by Nikola Corporation
    - Technology encompasses world's first free-standing/self-supported electrode with a cathode that has 4x the energy density of lithium-ion - Achieves 2,000 cycles - Cell technology expected to cost 50% less to produce than lithium-ion - Could drive down the cost of hydrogen and double the range of battery-electric vehicles worldwide - Nikola will share intellectual property with OEMs around the world that contribute ======================================================================================= PHOENIX, Nov. 19, 2019 /PRNewswire/ -- Nikola Corporation is excited to announce details of its new battery that has a record energy density of 1,100 watt-hours per kg on the material level and 500 watt-hours per...
  • Budweiser brewer orders 800 Nikola hydrogen-powered semi trucks

    05/04/2018 2:27:16 PM PDT · by BBell · 57 replies
    https://www.motorauthority.com ^ | 5/3/18 | Sean Szymkowski
    Nikola Motor Company, the startup maker of hydrogen-electric-powered semi-trucks, has received quite an order. On Thursday, Anheuser-Busch announced it plans to purchase up to 800 of the company's semis. The order will effectively replace Anheuser-Busch's entire semi fleet with trucks powered by renewable energy. The purchase will largely be Nikola Two day cabs instead of the Nikola One sleeper cabs. It's a firm deal, but not a final one. Anheuser-Busch said the order is contingent upon Nikola's construction of hydrogen fueling stations. The company plans to install more than 700 such stations across the U.S. by 2028, many of which...
  • The Candles of Christmas 1981 (Ode to Ronald Reagan et al.)

    12/21/2006 7:07:10 PM PST · by neverdem · 14 replies · 695+ views
    The American Spectator ^ | 12/21/2006 | Paul Kengor
    It's difficult to explain how much the world has changed in 25 years -- and for the better. Those who lived through December 1981 would be well served to pause and give thanks for the differences. In December 1981, much of the world lived in totalitarian darkness. This was captured at the time by Freedom House, the group begun by Eleanor Roosevelt and today headed by freedom fighter Nina Shea. Freedom House published its map of global freedom, which showed the world's free nations in white and unfree nations in black. Nearly all the great Eurasian land mass was colored...
  • Nikola Tesla: Unsung genius or raving loony?

    07/16/2005 5:26:49 PM PDT · by sonofatpatcher2 · 37 replies · 884+ views
    davidszondy.com ^ | Dave Szondy
    Nikola Tesla: Unsung genius or raving loony? The history of technology is populated with a marvellous cast of characters. On the one hand you have the colourful, hard-working inventors like Thomas Edison who slaved away morning, noon and night to produce many of the wonders that we take for granted such as the incandescent light, the telephone, and the garlic peeler. On the other you have the moonbat crazies who show up at the patent office with a cardboard box stuffed with wires and a torch battery claiming that they've made contact with John Kerry's charisma. And then there is...