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trevor milton net worth

In June 2020 it merged with listed firm VectoIQ, now called Nikola Corp. Anheuser Busch ordered 800 trucks, which Nikola aims to deliver in 2021; in Sept. 2020, General Motors agreed to take an 11% stake in Nikola. A native of Scottsdale, Arizona, Demar Jackson is an American Spin cycling instructor. A native of Southern California, Shannon Storms Beador is an American television personality who is a cast on The Real Housewives of Orange County. The company's funding push has also turned him into a billionaire. As a child, he was very creative and always was interested to do something new. His life-changing decision was supported by his father. The automaker announced an 11% stake in Nikola at the time of the Sept. 8 announcement. His wealth is largely tied to the company's stock price, which has soared following deals with General Motors, Anheuser Busch, and more. The new electric Badger pickup truck from Nikola Corp. has a driving range of 600 miles. Aside from funding Nikola's initial startup costs, Milton's also reportedly spent some of his riches on a 2,000-acre ranch in Utah. Besides, he is also active in the social media platform with around 106k followers on his Twitter: @nikolatrevor. Trevor Milton, the 38-year-old college dropout behind zero-emission truckmaker Nikola Motor, joins the ranks of America’s richest millennials after tripling his net worth in less than a year. CEO Trevor Milton seems dead set on challenging Elon Musk’s dominance for audacious transportation ideas with a claim that his own electric vehicle startup has a breakthrough cell that's lighter, cheaper and more powerful than lithium-ion. In September 2020, a report was released by short-seller Hindenburg Research where they accused Milton of making false statements and characterizing Nikola Motor Company as “an intricate fraud” over many years. At $5.5 billion, the 38-year-old serial entrepreneur's worth is roughly five-times what the magazine estimated in April 2020, fueled by a soaring rise in his company's stock price. As of September 2020, Milton has a net worth of 3.1 billion. The report said: “Trevor has managed to parlay these false statements made over the course of a decade into a - $20 billion public company. He wears a shoe of size 7(US). pic.twitter.com/IaYfZedYhK. How old and how tall is the celebrity spouse? A recap of all things electric vehicles, ride-hailing, airlines, and more. All Rights Reserved, Reflects change since 5 PM ET of prior trading day. One week after going public, Nikola was valued at nearly $30 billion. Trevor Milton is worth $1.1 billion today, but to any spectator, it's clear that his journey was far from smooth sailing. The 39-year-old will be replaced by Stephen Girsky, former vice chairman of General Motors and member of Nikola’s board, effective immediately.

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