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Investigation into Trevor Milton's downfall: 6 biggest takeaways

Nikola
This story is available exclusively to Insider subscribers.
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Insider spent six months talking to people who have worked for Trevor Milton or interacted with him.
On March 6, Insider published the results of that investigation.
Below is a summary of the story s main findings.
Trevor Milton, the charismatic founder of the electric-truck startup Nikola, became a minor celebrity in the automotive world last year after he took Nikola public in June, setting off a wave of public listings from electric-vehicle companies. Nikola had big names behind it including General Motors, BlackRock, and Anheuser-Busch and investors who at one point gave it a valuation larger than Ford s. ....

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Trevor Milton — inside the Nikola founder's tumultuous past

Nikola; Massimo Pinca/Reuters; Samantha Lee/Insider
This story is available exclusively to Insider subscribers.
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Trevor Milton left Nikola after he was accused of lying and exaggerating about its products.
Legal filings and interviews with 38 people suggest Milton has a history of bending the truth.
His friends defend him, saying he s misunderstood. Milton declined to comment on this story.
Trevor Milton was minutes from showing the world the fulfillment of his childhood dream. It hadn t been an easy road. He d failed out of high school, dropped out of college, watched his mother and step-mother die before his 22nd birthday, and gotten sued by the man who appeared ready to give him his big break as an entrepreneur. ....

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