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Nikola Chairman Trevor Milton Resigns Amid Fraud Claims

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The new chairman, Mr. Girsky, has played a critical role in Nikola’s rise to prominence. After leaving the G.M. board in 2016, he started an investment company, VectoIQ, to provide strategic and financial help to automotive technology start-ups. He also created a special purpose acquisition company, or SPAC, that owned nothing but cash and a stock listing. When VectoIQ’s SPAC merged with Nikola in June, Nikola became a publicly traded company and Mr. Girsky joined its board.Mr. Girsky was also a catalyst for G.M.’s partnership with Nikola. In the past he has said he called …

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