A Deep Dive Into the Massive Nikola Motors Scam
Nikola Motors is one of the biggest scams in history; let;s talk about it.
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00:00 - Intro
What's up, you guys! In today's video, we will be breaking down the story of Nikola Motors, its founder Trevor Milton, why this company was a massive scam, and how the lies of its founder could land him life in prison.
00:34 - Origin Story
Before we dive into the story of Nikola Motors and the series of events that led its founder and CEO Trevor Milton in a Federal Court Room, let's first talk about how Trevor Milton became the founder of Nikola.
02:10 - Nikola Motors & The Nikola One
Nikolas First commercial vehicle release was The Nikole One, which was a hydrogen fuel cell semi-truck. The release of this truck was a big moment for Nikole, but it's also one that led them into the hot seat years later.
07:06 - The Lies
Now, let's break down the series of lies, big and small, that caused Nikola Motors to fall from grace in record time.
12:39 - The Aftermath
The aftermath of Nikola Motors and Trevor Miltons lies are not over yet, in fact in some ways they have only just begun.
14:18 - Closing
I hope you guys enjoyed this video; make sure to hit the like, subscribe, and the notification bell, and I will see you guys in the next video.
SOURCES:
https://melmagazine.com/en-us/story/n...
https://nikolamotor.com/press_release...
https://www.sec.gov/litigation/compla...
https://arstechnica.com/cars/2020/09/...
https://www.justice.gov/usao-sdny/pr/...
https://hindenburgresearch.com/nikola/
https://www.wsj.com/articles/dueling-...
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Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them – Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.
#Disaster #Scam #Nikola
