Nikola Founder Trevor Milton Drops $1 Billion Lawsuit Against Company Executives

Trevor Milton, the founder of electric vehicle manufacturer Nikola Corporation, has decided to abandon his $1 billion lawsuit against the company’s current and former executives. Milton had previously claimed that he was the target of an “egregious case of corporate scapegoating,” while Nikola had dismissed his allegations as “imaginary and baseless.” Details surrounding the lawsuit and its withdrawal can be found here.