This founder is giving his first 50 employees $233 million of his stock

Nikola said the grant of options for shares of common stock won't dilute shareholders and there will be no compensation by the company to the founder

Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them.
 

“When I first started this company I was looking for the best employees in the world and it was a huge risk,” Milton said in a video posted on his Instagram page. “The likelihood of us ever succeeding was like next to none and luckily I found an incredible group of employees that started with me from day one.”
 

Nikola said the grant of options for shares