But soon, the business became a "disaster," as Pilz recalled to CNN Business . CNN Business verified the foreclosures through public records. Former Nikola executive chairman Trevor Milton stands next to a truck at Nikola World 2019. CNN Business spoke with six people who said they either invested in or did business with Milton before Nikola made him a billionaire. The day before, he'd issued himself a million shares in dHybrid, according to a copy of a stock certificate viewed by CNN Business.

Source: CNN October 08, 2020 20:59 UTC