Nikola Founder Trevor Milton Sentenced to Four Years in Prison
Podcast:WSJ What’s News Published On: Mon Dec 18 2023 Description: P.M. Edition for Dec. 18. Trevor Milton, who was convicted on several fraud charges last year, has been sentenced to four years in prison for defrauding investors in Nikola, the electric-truck company he founded. Corinne Ramey has the details. And markets reporter Hardika Singh explains why just a handful of tech stocks—the so-called Magnificent Seven—are dominating the market. Plus, Elon Musk’s X faces the first formal investigation under the European Union’s new online-content law. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices