Nikola CEO flirts with deca-billionaire status

Nikola CEO Trevor Milton

Nikola Corp. (NASDAQ: NKLA) CEO Trevor Milton is flirting with deca-billionaire status as the share price surges in his newly public battery and fuel cell electric trucking startup.

With Nikola stock appreciating more than 300% since it began trading under its own name last week, Milton’s paper wealth has exploded. Based on midday Tuesday trading of $81.68, Milton’s 91,602,734 shares were worth $7.48 billion. He works for a salary of $1 a year.

Milton prefers to talk about how Nikola’s...

https://s29755.pcdn.co/news/nikola-ceo-flirts-with-deca-billionaire-status

Nikola powers up and the state of supply chains: Midday Market Update (with video)

On today’s Midday Market Update, Michael Vincent and Kevin Hill are talking about the SONAR powered data, issues, and news that moves you. 

On this episode they’re joined by Michael Ryan, Managing Partner The M. Ryan Group; John Kingston, editor-at-large, FreightWaves; and Market Experts Andrew Cox, Anthony Smith, and Zach Strickland.

This is a live interactive event, viewers are encouraged to comment and call-in during broadcasts Tuesdays and Thursdays at 12PM ET on FreightWaves Linkedin and Face...

https://www.freightwaves.com/news/nikola-powers-up-and-the-state-of-supply-chains-midday-market-update-with-video

Fuel cell startup Nikola nears public trading debut

Nikola truck

Nikola Corp., the startup maker of Class 8 trucks electrically powered by batteries and fuels, expects its shares to trade under its own name on the NASDAQ later this week following a vote to merge with the “blank check company” that raised hundreds of millions of dollars for its public launch.

VectoIQ (NASDAQ: VTIQ) and Nikola shareholders scheduled what is expected to be a drama-free execution of the merger Tuesday morning. VectoIQ shares would begin trading under the ticker NKLA on Thursday.

Es...

https://s29755.pcdn.co/news/fuel-cell-startup-nikola-nears-public-trading-debut

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