Nikola CEO Trevor Milton Is Now A Billionaire Thanks To Hydrogen Truck Startup’s Fundraising Drive

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Trevor Milton, a college dropout from Utah who is pushing to raise at least $1 billion to put hydrogen trucks on the road, is now a billionaire

Nikola CEO and Founder in the lobby of the company's headquarters in Phoenix, with the Nikola Two, Tre and One zero-emission truck models.Trevor Milton, a college dropout from Utah who is pushing to raise at least $1 billion to put hydrogen trucks on the road, is a billionaire thanks to the latest investment that valued his Nikola Motor Co. at around $3 billion.

Nikola aims to get thousands of futuristic hydrogen-powered trucks on the road throughout the 2020s that can travel up to 750 miles between fuelings at stations it plans to build and operate. For fleets requiring shorter-range semis, going a maximum of 300 miles per trip, Nikola will also lease battery-only variants of its Nikola One, Two and Tre trucks that will compete with Elon Musk’s Tesla Semi.

The product of a Mormon upbringing, Milton developed an interest in the mechanics of transportation as a boy taking rides on trains operated by Union Pacific, his father’s employer. The death of his mother from cancer in his teens was a huge blow, but he says time spent in Brazil doing missionary work in impoverished areas fueled a desire to pursue goals that make people’s lives better.

 

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GreenHydrogen is on the ascendancy. Commercial visionaries will drive the agenda.

You need electricity, to use hydrogen to free up electricity from them which is goes again in to electric motor. 🤦 why? It's inefficient!

Did he actually sell any hydrogen trucks?

sucses

Cross ur arms and hope to die

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