The Nikola Scandal Is a Cautionary Tale About Green Tech’s Gauzy Promises

Business

“There’s very few people that can out-Elon in this world, and I’m one of them,” said Nikola Motor founder Trevor Milton earlier this summer. Milton’s 35 percent stake in the hydrogen-electric vehicle company—like Musk’s EV company, named for Nikola Tesla—made him extraordinarily rich when the company went public in June, its  value shooting up to $27 billion. The success has been reflected in Milton’s boisterous social media presence, where, between tirades addressed to his “ haters ,” he’s

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