Nikola's Founder and former Executive Chairman Trevor Milton faces new sexual assault claim — Transcript

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1. 0:05nicola founder trevor milton
2. 0:06is in some more hot water this morning a
3. 0:08second woman has now come forward with
4. 0:10formal
5. 0:11sexual assault accusations against him
6. 0:14it comes just days after milton stepped
7. 0:16down as executive chairman
8. 0:18of the electric truck maker amid fraud
9. 0:20allegations
10. 0:21by a short seller yahoo finances annes
11. 0:24ferreira
12. 0:24has the details so when as i'm looking
13. 0:26at nikola in the pre-market
14. 0:28down about three percent but i
15. 0:30understand the company has released a
16. 0:32statement
17. 0:32in response to those allegations to
18. 0:34yahoo finance what are they saying
19. 0:37they did a spokesperson for trevor
20. 0:40milton now nicola did is had the no
21. 0:42comment but a spokesperson
22. 0:44for trevor milton the founder of nicola
23. 0:46who stepped down as executive chairman
24. 0:49just over a week ago said the following
25. 0:52mr milton strongly denies these false
26. 0:55allegations at no point in his life has
27. 0:58mr milton
28. 0:59ever engaged in any inappropriate
29. 1:02physical contact
30. 1:03with anyone these allegations stem
31. 1:06from two women who allege that when they
32. 1:09were 15
33. 1:10years old they were sexually assaulted
34. 1:13by trevor
35. 1:14milton the first one is aubrey farren
36. 1:17smith who is a cousin of milton who has
37. 1:20been vocal on twitter
38. 1:21about this she had gone on twitter
39. 1:23shortly after milton resigned as
40. 1:26executive chairman and claimed that he
41. 1:28groped her on the day of their
42. 1:30grandfather's funeral in
43. 1:321999 she was 15 at the time
44. 1:35he would have been 17 she has filed a
45. 1:38formal complaint with
46. 1:40local police recently she had spoken
47. 1:43about this publicly also during the
48. 1:45metoo movement
49. 1:46on twitter though not naming her cousin
50. 1:49by name
51. 1:50and several days ago she also tweeted
52. 1:53about this again
53. 1:54the second incident allegedly took place
54. 1:57in 2004 and this is a woman who claimed
55. 2:00that she was 15
56. 2:01at the time and she had been hired by
57. 2:04milton to be
58. 2:05an assistant at the security firm which
59. 2:08he had
60. 2:09at the time the woman is now 32
61. 2:12she had told cnbc that milton had groped
62. 2:15her and put his hands down her pants
63. 2:17at the time of the alleged incident
64. 2:20again
65. 2:20a milton spokesperson denying
66. 2:24any wrongdoing denying what they call
67. 2:26false
68. 2:27allegations this comes on the heels
69. 2:30tomorrow
70. 2:31very important day for nikola and its
71. 2:33potential partnership with gm
72. 2:36that's right that is when tomorrow is
73. 2:38when that deal
74. 2:39is set to close that partnership with gm
75. 2:42that has been watched so closely really
76. 2:44since the hindenburg
77. 2:46a report came out with many allegations
78. 2:49against nicola so we'll all be watching
79. 2:51to see uh that deal
80. 2:53which is supposed to close by tomorrow
81. 2:57all right things have turned very ugly
82. 2:58very fast for trevor milton and esperae
83. 3:01thank you
84. 3:07hey investors zach guzman here are you
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