Nikola founder Trevor Milton accused of trying to derail bankruptcy case

Quick Summary:

A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on Friday.

No objections had been filed to the transaction, and Delaware bankruptcy Judge Thomas Horan verbally approved it without hesitation.

Nikola also still has some assets it hopes to sell following the Lucid transaction.

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Article Details

Author / Journalist: Sean O'Kane

Category: Technology

Markets: United States

Topics: EVs Bankruptcy Trevor Milton Lucid Nikola Transportation

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 19:23:31 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 635 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27795317

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