Nikola’s internal review finds inaccuracy in statements by founder Trevor Milton

Nikola and its founder Trevor Milton experienced created many statements that were partly or absolutely inaccurate, the electric powered-truck maker disclosed in a regulatory submitting late on Thursday following an inside evaluation. Kirkland & Ellis, a law organization employed by Nikola to carry out a evaluation in relationship to allegations […]

Ferrari says its redesigned F1 car is coming along

Ferrari held a pre-season crew launch on Friday with some self confidence that their new Components 1 car, to be unveiled future month, would be a large amount far better than very last year’s flop. Workforce principal Mattia Binotto explained to reporters in a video convention from the Ferrari museum […]

Porsche could raise its stake in Rimac to nearly 50%

FRANKFURT — Volkswagen device Porsche is collaborating in a funding round of Rimac Automobili that will see the electric powered supercar maker increase one hundred thirty million-one hundred fifty million euros ($157 million-$181 million), its proprietor Mate Rimac informed weekly Automobilwoche. The fundraising really should be concluded in two to […]