Nikola founder Trevor Milton found guilty of fraud over statements he made while CEO of the EV company

Trevor Milton, the founder and former chairman and CEO of electric heavy truck maker Nikola, was found guilty in federal court on Friday of three of four counts of fraud relating to false statements he made to drive up the value of Nikola’s stock.

Milton was charged with two counts of securities fraud and two counts of wire fraud, all related to statements he made about Nikola’s business while…