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Nikola rejects slate of directors hand picked by Trevor Milton

Nikola Corporation has declined the slate of directors put forth by its founder, Trevor Milton, for election to the company's Board of Directors. This move comes amidst ongoing legal and corporate governance challenges linked to Trevor Milton, who has been convicted and sentenced to four years in prison for artificially inflating the company's worth. Rejecting the nominated directors is a strategic step by the company to manage the repercussions of the controversy surrounding its founder and to enhance its corporate governance structure.



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