Nikola Founder Continues Dumping Stock Following Criminal Indictment
Nikola Corp. founder, Trevor Milton, has been offloading stock ever since he was indicted for making misleading and/or blatantly false statements about the company. The formal charges were issued in July, piggybacking off a critically damning report from 2020 that alleged Nikola had grotesquely misrepresented its production capabilities and falsified a video where it showed an inoperable prototype vehicle working as if it was fully functional. The paper caught the attention of both the Securities and Exchange Commission (SEC) as well as the Department of Justice (DOJ) — resulting in Milton stepping down as CEO and twelve months of investigative probes.

NHTSA Investigating Ram's Diesel Pickups
The National Highway Traffic Safety Administration has opened an investigation into nearly 605,000 heavy-duty Ram trucks. A report from the regulator’s Office of Defects Investigation has tabulated 22 complaints from the 2019 and 2020 model years, all of which use 6.7-liter Cummins turbo diesel engines, spurring the NHTSA to launch a formal investigation. Complaints revolve around loss of motive power, with most incidents occurring above 25 mph and resulting in the “permanent disablement of the vehicle.”
While the public was not made aware of the investigation until Monday, the agency launched its probe last Thursday on October 14th. The goal will be to establish how widespread the presumed defect is, what exactly caused it, and any potential safety hazards relating to the issue. Some headway has already been made, however.

Hyundai Xcient Fuel Cell HD Truck On Its Way
The Hyundai Xcient is on its way to becoming the first mass-produced hydrogen-powered, heavy-duty truck. Design and performance improvements have made it more competitive with those expected from Mercedes-Benz, Toyota-Hino, and Nikola.

Tundra Versus the F-150 – What's Wrong With Toyota?
Can the Toyota Tundra go toe-to-toe with the Ford F-150, and does it make sense to try? The F-150 is the most popular vehicle in the U.S., despite a 12 percent drop in sales. Ford still managed to sell 787, 422 F-150s in 2020. Toyota sold a little over 109,000 Tundras in 2020, down two percent from 2019. While that sounds like the Tundra did well, it only outran the Nissan Titan.

Ford Says Electric Super Duty Trucks Aren't Happening
While Ford’s F-150 is slated for electrification, Super Duty versions of the F-Series are not. On Monday, the automaker told industry analysts that HD EVs weren’t in the cards — adding that customers can still expect all-electric versions of the Mach-E “Mustang” and Transit van.
“Our goal is to build a profitable electric vehicle portfolio,” John Lawler, Ford chief financial officer, explained during the forum hosted by Dan Levy of Credit Suisse. “To do that, we need to leverage our strengths and the scale that we have. We’re being very strategic about the platforms that we choose.”

Enter The Bigtruck: SRT Experience Reviewed
We’d like to welcome TTAC contributor, point-of-view video auteur, and fan favorite Bigtruckseries to the site for his first contribution. Bigtruck, as many of our readers know, is the owner of a Chrysler 300C. After adding a Jeep Cherokee SRT-8 to his fleet, he decided to attend the SRT Experience and chronicle the event for us. Bigtruck’s not the only reader we’d like to see contributing feature articles, so if you’re interested, please contact us. In the meantime, enjoy a one-hand-on-the-B-pillar romp through Chrysler’s enthusiast event. Naturally, there’s plenty of video! — JB
“SRT” stands for “Street & Racing Technology”. I always assumed it stood for “Street Racing Technology”, but for litigious reasons, “street racing” is something that I’d doubt Chrysler LLC would want to promote.

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