Nikola explains its move to go public, competing with Tesla
Nikola Motors CEO Trevor Milton talks about his company going public, how WeWork affected the company’s decision to do so and how Nikola is focused on Tesla remains its biggest competitor.
Watch the full interview with Nikola Motors CEO Trevor Milton on Friday during FOX Business' "Maria Bartiromo's Wall Street" at 9 p.m. ET.
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The cautious IPO environment isn’t stopping the startup Nikola Motors from going public.
Many investors are wary after several high-profile IPOs flopped in 2019. Office-sharing company WeWork was one of the most prominent.
Nikola Motors CEO Trevor Milton said his company is going public “very early” compared to most companies on FOX Business’ “Maria Bartiromo's Wall Street” on Friday despite the currently cautious investing atmosphere.
“When the WeWork debacle happened, most of the very large investors around the world that were piling billions into startups and tech companies said, ‘Look, we had no idea what was going in WeWork, it was very hard for us to see, it was all confidential,’ ” Milton recalled.