From a Phoenix headquarters that will also build prototype semis, Milton has raised more than $500 million from such investors as European heavy-duty vehicle maker CNH Industrial, manufacturing and tech giant Bosch, hedge fund ValueAct, South Korea’s solar powerhouse Hanwha, Norwegian energy company Nel Hydrogen and Worthington Industries, a metals manufacturer.
Elon Musk, whose battery-powered Teslas have done much to wean American drivers off gasoline , derides “For one thing, a growing surplus of solar energy in the Southwest opens the possibility of siphoning off excess power at midday to make hydrogen fuel cheaply out of water. For another, batteries aren’t suited to long-haul trucking. They take a while to recharge, and they’re heavy.
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Behind New Billionaire Trevor Milton’s $3 Billion Push To Make America Run On HydrogenCollege dropout Trevor Milton is fixated on eliminating diesel pollution and has an audacious plan to shake up the trucking world with Nikola's hydrogen semis and fuel stations. The company's funding push has also turned him into a billionaire. $$$$= 🌎↘️ Nikola? Really? Everybody profiting off this dude name 🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️ Good luck another Tesla BS company that will never make a cent and be valued at $50b....
Source: Forbes - 🏆 394. / 53 Read more »
Nikola CEO Trevor Milton Is Now A Billionaire Thanks To Hydrogen Truck Startup’s Fundraising DriveThe change in the 37-year-old’s status came this week when CNH Industrial, a European maker of heavy-duty work vehicles, committed $250 million to Nikola’s Series D investment round. Cross ur arms and hope to die sucses Did he actually sell any hydrogen trucks?
Source: Forbes - 🏆 394. / 53 Read more »
Behind New Billionaire Trevor Milton’s $3 Billion Push To Make America Run On HydrogenCollege dropout Trevor Milton is fixated on eliminating diesel pollution and has an audacious plan to shake up the trucking world with Nikola's hydrogen semis and fuel stations. The company's funding push has also turned him into a billionaire. $$$$= 🌎↘️ Nikola? Really? Everybody profiting off this dude name 🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️ Good luck another Tesla BS company that will never make a cent and be valued at $50b....
Source: Forbes - 🏆 394. / 53 Read more »
Nikola CEO Trevor Milton Is Now A Billionaire Thanks To Hydrogen Truck Startup’s Fundraising DriveThe change in the 37-year-old’s status came this week when CNH Industrial, a European maker of heavy-duty work vehicles, committed $250 million to Nikola’s Series D investment round. Cross ur arms and hope to die sucses Did he actually sell any hydrogen trucks?
Source: Forbes - 🏆 394. / 53 Read more »