![Not BBB accredited](https://m.bbb.org/terminuscontent/dist/img/non-ab-icon__300w.png?tx=w_120)
Business ProfileforNikola Corporation
Additional business information
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On December 21, 2021, Nikola Corporation entered into an Order instituting Cease and Desist Proceedings with the Securities and Exchange Commission. The Order settles allegations that the business defrauded investors by misleading them about its products, technical advancements and commercial prospects. Under terms of the order, the business agreed to cease and desist from future violations of the charged provisions and pay a $125 million penalty.The Assurance was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law.
This action is final.
At-a-glance
Overview
This business provides manufacturing and design of electric vehicles, vehicle components, energy storage systems and electric vehicle drivetrains.
Business Details
- Location of This Business
- 4141 E Broadway Rd, Phoenix, AZ 85040-8803
- BBB File Opened:
- 9/19/2018
- Years in Business:
- 9
- Business Started:
- 12/21/2014
- Type of Entity:
- Corporation
- Business Management
- Mr. Macaulay Smith, Special Projects
- Mr. Trevor Milton, President/CEO/Director
- Mr. William Milton, Director
- Mr. Lon Stalsburg, Director
- Mr. Robert Fitzgerald, Director
- Mr. Dewitt V. Thompson, Director
- Mr. Joseph Pike, Officer
- Mr. Britton Worthen, Secretary
- Mr. Kim Bradylton, Treasurer
- Contact Information
Principal
- Mr. Macaulay Smith, Special Projects
Customer Contact
- Mr. Macaulay Smith, Special Projects
- Additional Contact Information
Website Addresses
Customer Complaints
0 Customer Complaints
Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews
File a ComplaintBBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business.