One of the most impressive parts of HYLN is that its founder and CEO, Thomas Healy is 28 years old. For one thing, he’s far younger at 28. Before his Zoom call with Business Insider, he said, he had been on another with a fleet that had purchased trucks and put them en route to Hyliion's Texas headquarters without giving the company advance notice. Just hours after Hyliion closed its merger with the SPAC, Tortoise Acquisition, on Thursday afternoon, Healy sat down with Business Insider via Zoom to discuss the IPO, how he plans to outsmart Tesla, and what it feels like to become a billionaire overnight. Before his Zoom call with Business Insider, he said, he had been on another with a fleet that had purchased trucks and put them en route to Hyliion’s Texas headquarters without giving the company advance notice. We're all focused on electrification, but each one of us is taking just a little bit different of a path.'. Thomas Healy, CEO of Hyliion. “We looked at this and we said, ‘let’s not go reinvent the entire vehicle because that’s a big undertaking,'” Healy said. ‘Mass Murder’: Trump’s Coronavirus Confession Is Already Being Used In Attack Ads, Hong Kong billionaire media tycoon arrested in newsroom, Yamaha is testing an app that would let sports fans pipe virtual 'cheers' into empty stadiums, Trump on RNC convention: ‘I’ll probably be giving my speech at the White House’, Sarah Sanders claims Biden, Democrats' pro-abortion position 'disqualifies them' from high office, Stimulus checks to 100,000 Minnesotans left unclaimed, Amazon's Twitch dominates game streaming market after Microsoft Mixer shutdown, Oil levies cushion revenue shock for Modi, Scenes from 5 of the best autumn road trips around the world, Biden, Trump Will Be Muted During Debate: Campaign Update, Documents show alleged Hunter Biden signature, FBI contacts with computer repair store owner, Rush Limbaugh receives Presidential Medal of Freedom at Trump's State of the Union address.
Healy has an estimated net worth of $1.6 billion, per a Business Insider analysis. Healy is far from your average billionaire CEO. Courtesy of Hyliion. Eventually, he progressed to formula cars and sport cars, before giving up the sport altogether to focus on his studies and football career after enrolling in Carnegie Mellon.

And unlike top competitors Tesla and Nikola, Hyliion has managed to get semis on the road and running. It’s 24/7.”. He also led it through a merger with a SPAC, or a special purpose acquisition company, also known as a “blank check” acquisition fund, which is designed to facilitate sudden public listings such as Hyliion’s. Thomas Healy just had a big week. Visit Business Insider's homepage for more stories.

WHO: US, Europe need to get better at quarantining – Business Insider, The $1.6 million SSC Tuatara just became the worlds fastest car by topping 316 mph – Business Insider, Visit Business Insider’s homepage for more stories, SPAC, or a special purpose acquisition company. But Healy said the countless hours he spent working with and using race cars gave him the idea for Hyliion’s unique product — an electric engine for existing diesel trucks powered by natural gas. For another, his dream of electrifying truck fleets began when he was racing go-karts on weekends, growing up in the Boston suburbs. Healy has an estimated net worth of $1.6 billion, per a Business Insider analysis. For one thing, he's far younger at 28. Hyliion, which retrofits class 8 semi-trucks with electric power trains instead of the traditional diesel, debuted on the New York Stock Exchange on Friday. “From my end, it’s thrilling and fascinating to be able to say that now my job is getting to actually work on automobiles and trucks and take what was a hobby and actually convert it into a job,” Healy said. Required fields are marked *. He's a 28-year-old billionaire known for his "low-key" demeanor. For another, his dream of electrifying truck fleets began when he was racing go-karts on weekends, growing up in the Boston suburbs. Healy… "Fleets are all about how does this work within my operations?"

“We’re all focused on electrification, but each one of us is taking just a little bit different of a path.”, Hyliion’s headquarters in Cedar Park, Texas, near Austin. Still, Healy doesn’t shy away from comparisons to Milton or Tesla CEO Elon Musk. After his electric truck startup debuted on the New York Stock Exchange Friday, Thomas Healy became both the youngest CEO of a publicly traded company and one of America's youngest self-made billionaires. Nikola is enduring inquiries from the Department of Justice and the SEC over allegations of fraud, the sudden resignation of CEO Trevor Milton in September, and a stock price in free fall. "All of us are bringing electric vehicles forward," Healy told Business Insider. This website uses cookies to improve your user experience and to provide you with advertisements that are relevant to your interests. The median age of America's 788 billionaires was 65.9 in 2019, according to research firm Wealth-X. Now that Healy is the youngest CEO of a publicly traded company in the US and among its youngest self-made billionaires,  it seems like he can barely believe it himself. It’s all-consuming, which is the way it should be. Healy also doesn't plan to take any time off to celebrate his induction into the three-comma-club, aside from a brief trip to ring the New York Stock Exchange's opening bell Monday morning. But Healy said the countless hours he spent working with and using race cars gave him the idea for Hyliion's unique product — an electric engine for existing diesel trucks powered by natural gas. Hyliion, which retrofits class 8 semi-trucks with electric power trains instead of the traditional diesel, debuted on the New York Stock Exchange on Friday. “A robust and highly scalable infrastructure is critical to the adoption of our electrified solutions,” said Thomas Healy, CEO and founder of Hyliion.

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