Nikola Motors loses supply chain leadership, institutes hiring freeze

Nikola Motors loses its whole supply chain leadership, puts hiring freeze as situation looks dire

Electrek.co by Fred Lambert

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[{"selector":"#anim-090b5036-a81b-4774-9a1a-e2b7aae4cef9","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Sources familiar with the matter say that the company put a hiring freeze in place for now. The last year has been tough for Nikola Motors.

[{"selector":"#anim-dad94efc-0205-47cf-bf0d-09b377dc96dc","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The startup known for trying to bring electric and hydrogen-powered trucks to market has been in hot water after a report from Hindenburg Research made several allegations exposing deception by Nikola and its founder Trevor Milton , including several claims corroborated in previous reports from Electrek and Bloomberg .

[{"selector":"#anim-bf9d05c6-a187-42bb-aaac-a22c0b03b93e","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Nikola issued a response to those claims, but as we reported, the response lacked any rebuttal of the main allegations of deception by the company and its founder, Milton.

The most damning claim was that it faked the first video of its hydrogen truck driving.

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Milton ended up leaving the company as the pressure started to increase.

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[{"selector":"#anim-99499ee5-f7e8-4c4e-8611-3334f3ccc752","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] In July, Milton was officially charged with three counts of criminal fraud over false claims he made about the company.

Follow along as we delve deeper into Nikola's many troubles and read Electrek's take at Electrek.co.

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