UPDATE: Nikola shares slide premarket on report Founder Trevor Milton indicted for making false claims to investors

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UPDATE: Nikola shares slide premarket on report Founder Trevor Milton indicted for making false claims to investors
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Nikola tumbles 7% after founder Trevor Milton reportedly charged with fraud

Trevor Milton, founder of electric truck company Nikola Corp.

has been indicted on three counts of fraud by the U.S. Attorney's Office for the Southern District of New York for making"false and misleading statements" to investors regarding"nearly all aspects of the business," according to a grand jury indictment that was unsealed on Thursday.

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