| Founded | 2015 |
|---|---|
| Country | USA |
| Sector | Hardware |
| Total raised | ~$900M USD |
| Collapse type | Fraud Explosion |
| Founder | Trevor Milton |
Nikola
"Hydrogen electric trucks at $18B SPAC. The demo truck was rolling downhill. Founder convicted."
Sudden collapse triggered by fraud exposure
Key Events Timeline
Nikola Corporation was founded in 2015 by Trevor Milton in Salt Lake City with a vision to build zero-emission hydrogen-electric heavy trucks.
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