Introducing Bad Bets Season 2: The Unraveling of Trevor Milton
Bad Bets, a podcast series from The Wall Street Journal that unravels big-business dramas that have had a big impact on our world, is back for Season 2. This season, we delve into the story of Nikola founder Trevor Milton. He took his company Nikola to dizzying heights on the promise of a zero-emissions semi truck. At its peak, Nikola’s publicly traded stock was worth more than Ford—until a ragtag group of whistleblowers and short sellers revealed that Nikola and its truck wasn’t all that it seemed. This season on Bad Bets, Journal reporter Ben Foldy will tell the inside story of Trevor Milton’s rise and fall. You’ll hear exclusive interviews and recordings, and details from secret documents. And we’ll take you deep into Trevor Milton’s federal fraud trial, where he’s fighting the charges against him.
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The Unraveling of Trevor Milton, Ep 6: “The Truth and the Whole Truth"
Trevor Milton assembled a high-powered legal team to defend himself against federal fraud charges. At the same time, whistleblowers and Nikola executives were ready to testify against him. In our season finale, we go inside Milton’s... -
The Unraveling of Trevor Milton, Ep 5: “Trouble for Troublemakers”
As investors and General Motors bet on Trevor Milton’s vision, the short sellers at Hindenburg Research revealed that the company he founded, Nikola, wasn’t all that it seemed. The allegation that Nikola rolled its truck down a hill for... -
The Unraveling of Trevor Milton, Ep 4: “Not Appointed Us to Wrath”
After it began trading in 2020, Nikola was a hot stock—and Trevor Milton was a newly minted billionaire. But in the background, people from Trevor’s past were finding each other and sharing their experiences. In this episode, we talk to...