(NKLA) founder Trevor Milton told me this past week that his stock is undervalued, and that those who buy will have “one of the funnest rides they’ve ever had in their life.” This was just after the electric-truck designer’s share price (ticker: NKLA) had rocketed to $50 from $35 on news of a manufacturing pact with (GM) (GM), and just before it crashed back to $32 amid a report by a short seller claiming that Nikola’s technology is bunk—something that Milton denies. Separately, I spoke with (NFLX) (NFLX) co-founder Reed Hastings, who has a book out called No Rules Rules: Netflix and the Culture of Reinvention. Read More...
(NKLA) founder Trevor Milton told me this past week that his stock is undervalued, and that those who buy will have “one of the funnest rides they’ve ever had in their life.” This was just after the electric-truck designer’s share price (ticker: NKLA) had rocketed to $50 from $35 on news of a manufacturing pact with (GM) (GM), and just before it crashed back to $32 amid a report by a short seller claiming that Nikola’s technology is bunk—something that Milton denies. Separately, I spoke with (NFLX) (NFLX) co-founder Reed Hastings, who has a book out called No Rules Rules: Netflix and the Culture of Reinvention.
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