Trevor Milton Accused of Undermining Nikola Bankruptcy as Lucid Acquires Key Assets
Nikola's founder Trevor Milton stirs controversy during the company’s bankruptcy hearing as Lucid Motors acquires its factory and assets.
Matilda
Trevor Milton Accused of Undermining Nikola Bankruptcy as Lucid Acquires Key Assets
Trevor Milton’s Disruptive Move in Nikola’s Bankruptcy Case I tuned into the recent bankruptcy hearing involving Nikola Corporation, and what seemed like a smooth process took a sharp turn. Everything was on track—no objections, quick verbal approval from the Delaware bankruptcy judge Thomas Horan for Lucid Motors to buy Nikola's assets—until a late interruption changed the energy entirely. Image Credits:Nikola Toward the end of the hearing, a lawyer unmuted on Zoom, representing ISSO LLC. That’s the same entity Trevor Milton, Nikola’s controversial founder, is reportedly using to assess a possible bid for his old company’s remaining assets. His lawyer claimed they had “concerns” about the fairness of the auction process—though he didn’t go into specifics. This wasn't just a side comment—it signaled that Milton, despite being out of the company and fresh off a Trump-issued pardon, is not done making moves around Nikola. Why Trevor Milton’s Return Raises Eyebrows Let’s take a step ba…