The convicted founder of electric truck maker Nikola will spend four years behind bars for lying to shareholders about the firm's progress. Trevor Milton was found guilty in October 2022 for misleading investors by claiming Nikola had built a pickup from the 'ground up,' had developed batteries it was actually buying elsewhere and had early success with a 'Nikola One' semi-truck he knew did not work. Most famously the manufacturer was forced to admit it rolled a hydrogen-powered lorry downhill for a promotional . It made it look like it was travelling under its own power - but it was simply taking advantage of gravity.
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