How to Lie Your Way to $34 Billion [Nikola Motors Fraud]

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Publicado 2021-10-25
Trevor Milton took the phrase "fake it till you make it" to the extreme. Let's take a look at the wild story of Nikola Motors. I've been sitting on this script idea for a year, so here it finally is.

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Sources:


www.bloomberg.com/news/articles/2020-06-17/nikola-…


www.forbes.com/sites/alanohnsman/2019/09/05/behind…

www.forbes.com/sites/alanohnsman/2019/09/04/nikola…

www.zdnet.com/article/sec-probes-nikola-motors-ove…

www.cnbc.com/2020/09/21/nikola-founder-trevor-milt…

nypost.com/2020/10/01/who-is-nikola-founder-trevor…

edition.cnn.com/2020/09/29/tech/nikola-trevor-milt…

www.trucks.com/2019/05/08/rough-childhood-helped-s….

www.dailymail.co.uk/news/article-8757313/How-Mormo…

www.businessinsider.com.au/most-expensive-home-uta…

www.sec.gov/Archives/edgar/data/1731289/0001047469…

www.ttnews.com/articles/nikolas-trevor-milton-has-…

observer.com/2020/09/nikola-founder-trevor-milton-…


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Producer: Dagogo Altraide

Todos los comentarios (21)
  • @TeraAFK
    Well, technically, a truck that doesn't start is indeed zero emissions
  • @miked3723
    You did more research into Nikola Motors than Nikola Motors did into hydrogen electric motors. Amazing.
  • @matta.5363
    How those major corporations got duped by a "snake-oil" salesman is almost amazing.
  • @Crugroth
    This is mind-blowing! The most successful truck company that never sold a truck!
  • @meks90
    Bro made the most of that one semester studying Sales and Marketing. This has to beat the record for RoI anywhere lol.
  • I remember when Nikola surpassed Ford without ever selling anything; that was hilarious and my favorite part of this story.
  • @Till873
    What scares me is the investors not checking what they are funding and the control agencies not doing their work at all
  • @daintellekt
    Pulling this off in 21st century in the age of social media, govt watch dogs, media glare, and significantly learned society is just incredible. Company got listed with $34B valuation- unbelievable !
  • @domm6812
    The disgusting thing is that because of how the legal system works, even if he is found guilty and goes to jail for a few years he'll still have enough money hidden away from all this to live comfortably for the rest of his life. Crime does pay.
  • @swagger897
    Watching this has me thinking exactly of what is going on with all the supersonic commercial plane designers right now. No product, big sponsor names, and big purchase orders to be filled with a company that only can offer promises while showing zero dollars of revenue.
  • @Zeppelin9113
    this guy is the embodiment of the phrase "trust me bro"
  • @eaaeeeea
    I think the biggest factor in him being able to pull this off is Tesla's success and people who missed that boat jumping on anything resembling a "second chance".
  • @youpigfacetv
    The engineers at Fred Flintstone's auto dept are proud of Trevor. Using gravity as a propulsion system. They just needed to tow the truck on the hill and let the gravity do the work. Brilliant.
  • @ssssssssssss885
    There are millions of guys like him. Once in a while one does spectacular frauds. It works again and again.
  • @Masternuckable
    This guy is the professional version of that guy in everyone's group projects.
  • @RogerM88
    The first truck Gravity assisted...Genius!
  • @revin_john
    Another concerning question will be how did the auditors not pick this up after such blatant cover ups, a company that is being listed usually has rigorous audit procedures. Also the people doing the valuations of the company, surely they would have done more research into the company before valuing it that much?
  • @CiprianaLeme
    What a lovely voice. Love these videos. Perfect presentation, no generic junk, and perfect pauses in the voiceover.