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Nikola Confronts Future With Founder Exit, Stock Plunge

Sep.21 — Nikola Corp. faces an uncertain future following the sudden departure of its founder and chairman Trevor Milton. Bloomberg’s Ed Ludlow reports on “Bloomberg Technology.”

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Sep.21 — Nikola Corp. faces an uncertain future following the sudden departure of its founder and chairman Trevor Milton. Bloomberg’s Ed Ludlow reports on “Bloomberg Technology.”

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12 Comments

12 Comments

  1. Mondrayish

    September 21, 2020 at 10:55 pm

    A business plan and nothing else that’s worth a 10b market cap valuation? Gtfo here lol.

    • Stephen Jagiello

      September 22, 2020 at 12:03 am

      He gets to sell all his stock without restrictions now worth over a billion……scam of scams

    • Bohr

      September 22, 2020 at 1:19 am

      He merged with another company do your research b4 spewing out nonsense

  2. To Pi

    September 21, 2020 at 10:57 pm

    A dumpster fire of fraud….. Nikola = Theranos Trevor Milton = Elizabeth Holmes

    • Zoltán Kárpát

      September 21, 2020 at 11:29 pm

      They could have made a working prototype for a couple million dollars. And if the guy kept his mouth shut, Iveco would have started production in about 1 year from now and everyone would have been happy… stock rising and all that good stuff …

  3. John D.

    September 21, 2020 at 11:14 pm

    Wouldn’t a change of ceo be a sign that the company is changing? So now they’re going into a manufacturing business instead of a company looking for investors.

    • Mubashir Cheema

      September 22, 2020 at 12:30 am

      Nikola has no product and no technology. It is difficult to run a business when you have nothing of value to offer. Changing leadership doesn’t change that fact.

    • Mubashir Cheema

      September 22, 2020 at 12:32 am

      It’s a little but like saying that if bankrupt Theranos changed their CEO from Elizabeth Holmes to Sunny Balwani, they would all of a sudden become a viable company.

  4. Metacognition88

    September 21, 2020 at 11:17 pm

    Buy the dip. It’s going to be yuuuuge.

    • kvps27

      September 22, 2020 at 12:04 am

      lol… ok

    • All American Dream Chaser

      September 22, 2020 at 12:44 am

      Good luck

  5. All American Dream Chaser

    September 22, 2020 at 12:43 am

    The entire board of directors are BYU graduates. It all leads back to the Mormon Church.

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Bloomberg Technology

SK Hynix Starts Trading on Nasdaq, Opens 14% Above Offer Price | Bloomberg Tech 7/10/2026

Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the…

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Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the rest of the US chip sector.
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Bloomberg Technology

SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook…

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Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook for AI demand and his US investment plans.
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SK Chairman Says He Has ‘Much, Much Bigger’ Plans for US

Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.”
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