(CBS DETROIT) – The founder of German electric automaker Nikola is stepping down over fraud allegations.
This comes just two weeks after General Motors announced a $2 billion partnership with the company to make electric vehicles.
Trevor Milton is accused of misleading investors over Nikola’s vehicles.
Former GM Vice Chairman Stephen Girsky is set to replace him.
© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.