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The Casey Adams Show

Trevor Milton - Billionaire CEO of Nikola Motor & Creating Hydrogen-Powered Trucks

The Casey Adams Show

Listener.com Podcast Network

Business, Entrepreneurship

4.8637 Ratings

🗓️ 5 May 2020

⏱️ 32 minutes

🧾️ Download transcript

Summary

Trevor Milton is an American billionaire businessman, the CEO and co-founder of Nikola Motor Company. Trevor Milton, a college dropout from Utah who is pushing to raise at least $1 billion to put hydrogen trucks on the road. CNH Industrial, a European maker of heavy-duty work vehicles, committed $250 million to Nikola’s Series D investment round. 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. In March 2020, Nikola announced its plans to merge with VectorIQ. This will result in the combined company being listed on the NASDAQ exchange with the NKLA ticker symbol. The merger is expected to complete in Q2 of 2020. Learn more about Nikola Motor Company: https://nikolamotor.com/ Learn more about the merger with VectorIQ: https://nikolamotor.com/press_releases/nikola-corporation-a-global-leader-in-zero-emissions-transportation-solutions-to-be-listed-on-nasdaq-through-a-merger-with-vectoiq-74 Learn more about Trevor Milton: https://www.forbes.com/sites/alanohnsman/2019/09/04/nikola-ceo-trevor-milton-is-now-a-billionaire-thanks-to-hydrogen-truck-startups-fundraising-drive/#3abfd9405b0f Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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1:00.1

What is going on, everyone?

1:01.6

Casey Adams here, welcome back to the Rise of the Young podcast.

1:04.6

On today's episode, we have Trevor Milton here with us.

1:08.8

Trevor Milton is an American billionaire businessman and the CEO and co-founder of Nicola Motor Company.

1:14.6

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

1:21.7

CNH Industrial, a European maker of heavy-d-work vehicles, recently committed $250 million to Nikola's Series D investment round.

1:30.4

As Nikola's biggest shareholder, it also directly impacted Milton and brought him to the

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