Damn, that happened fast, the last news I had heard was the GM partnership. If this shyt is true, this guy might have the greatest failing-up career track of all time.
Quit college after one semester
Started an alarm sales company, exited the partnership with $300,000 when his business partner only got $100,000 out of what was supposed to be a 50-50 partnership.
Started a used car website online, business failed
Started an alternative energy vehicles company called dHybrid, was sued by their partner Swift Transportation in 2012 for failing to deliver on truck conversion deal, turns out that entire company was a fraud.
Starts another alternative energy vehicle company called "dHybrid Systems", falsely tells investors that the company has been around for years.
Sold "dHybrid Systems" in 2014 for $16 million while hiding massive project issues from the investor. Later lies and claims it was sold for "much more".
Starts another alternative energy vehicle company called Nikola, whole thing turns out to be a fraud. Virtually every aspect of the company is either lies or just technology bought from other companies.
Makes his brother “Director of Hydrogen Production/Infrastructure”, one of the most critical roles in the company, despite the fact that his only experience is as a concrete-pouring subcontractor for home rennovations.
Yet he lives on a 2,000 acre Utah ranch in a 17,000 square foot mansion and is worth over a billion dollars.
Modern capitalism is a meritocracy, right?