Milton started an alarm sales company called St. George Security and Alarm immediately after quitting college and eventually exited the business for a stated $300,000, though his former business partner claims he was led to believe the exit payment was "much smaller."[9] Milton then launched an online classified ads website selling used cars, which eventually failed.
Afterwards, Milton founded an alternative energy vehicle company called dHybrid, Inc. which retrofitted commercial trucks with engines that could run on natural gas instead of diesel. After entering into a deal with an investor for a large stake in dHybrid, Milton claims that "the investor was taking our intellectual property". As a result, claimed Milton, dHybrid Inc. sued that investor and closed the company.[10] Milton then started dHybrid Systems, which was similar to the previous company except with a greater focus on building natural gas and hydrogen storage systems.[10] According to Milton, dHybrid was purchased by Worthington Industries.[11]
In 2015, Milton founded Nikola Motor Company with an initial investment of $2 million from Worthington.[12][10][13] Trevor was the CEO in Nikola's early years.[14] In June 2020, as part of a reverse merger with VectoIQ in order to have Nikola go public, Milton became executive chairman of the board and turned over the CEO role to President Mark Russell
What is Trevor R. Milton's net worth?
The estimated net worth of Trevor R. Milton is at least $311,390.97 as of August 24th, 2022. Mr. Milton owns 1,701,590 shares of Nikola stock worth more than $311,391 as of March 26th. This net worth estimate does not reflect any other assets that Mr. Milton may own. Learn More about Trevor R. Milton's net worth.
How do I contact Trevor R. Milton?
The corporate mailing address for Mr. Milton and other Nikola executives is 4141 E BROADWAY ROAD, PHOENIX AZ, 85040. Nikola can also be reached via phone at (480) 666-1038 and via email at investors@nikolamotor.com. Learn More on Trevor R. Milton's contact information.
Has Trevor R. Milton been buying or selling shares of Nikola?
Trevor R. Milton has not been actively trading shares of Nikola during the past quarter. Most recently, on Wednesday, August 24th, Trevor R. Milton bought 100,000 shares of Nikola stock. The stock was acquired at an average cost of $174.00 per share, with a total value of $17,400,000.00. Following the completion of the transaction, the insider now directly owns 1,701,590 shares of the company's stock, valued at $296,076,660. Learn More on Trevor R. Milton's trading history.
Who are Nikola's active insiders?
Are insiders buying or selling shares of Nikola?
During the last twelve months, Nikola insiders bought shares 1 times. They purchased a total of 33,333 shares worth more than $539,994.60. During the last twelve months, insiders at the sold shares 2 times. They sold a total of 5,203 shares worth more than $44,604.10. The most recent insider tranaction occured on August, 6th when CEO Stephen J Girsky sold 4,636 shares worth more than $35,929.00. Insiders at Nikola own 0.7% of the company.
Learn More about insider trades at Nikola. Information on this page was last updated on 8/6/2024.
