Trevor Milton is innocent, his lawyers said in a statement.

This is a new low in the governments efforts to criminalize lawful business conduct.

Every executive in America should be horrified.

Founder of EV startup Nikola charged with misleading investors

It’s free, every week, in your inbox.

He was also freed on a $100 million bail secured by his2,700-acre propertyin Utah.

But now the companys future seems rather ominous.

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Do EVs excite your electrons?

Do ebikes get your wheels spinning?

Do self-driving cars get you all charged up?

Ioanna Lykiardopoulou

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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