Nikola Founder Has $7.4 Billion Fortune on Free Truck Orders

(Bloomberg) — His company has sent his net worth soaring to $7.4 billion, but Trevor Milton is frustrated.The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014 with the goal of revolutionizing the trucking industry. The doubters who have him particularly down are criticizing him for taking orders for hydrogen fuel cell-powered semis and saying they’re worth $10 billion.The number has come under scrutiny for a few reasons. For starters, reservations for Nikola’s truck cost nothing. Milton says the company took money initially but paid it all back after Tesla Inc. got …read more

Source:: Yahoo Finance

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