Nikola and General Motors enter a new deal. The companies will form a strategic partnership; GM will become the OEM for the Nikola Badger which means it will be engineered and manufactured by General Motors and GM will receive 11% of Nikola shares. No cash investment by GM. I want to show you why this deal finally exposes the real scam of Nikola and Trevor Milton.
This is strictly my opinion, so do your own research and make up your own mind.
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This is strictly my opinion, so do your own research and make up your own mind.
Become a channel member to get access to members only feed and videos:
https://www.youtube.com/channel/UCJwKCyEIFHwUOPQQ-4kC1Zw/join
๐๐๐ Big shout out to our growing list of Patreons: Mark Dixon, Daniel Johnson, Stephen Barnes, Sheri Morgan, SC, Survive R, Joel Peterson, Daniel, Rob Goddard, Andrew Wilson, Danny Goff and Chris Houston, for making this video possible! For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
U still think Its the same?
How can we screw Trevor?
Nikola is a worthless company with no technology of there own. If I was GM. I would put Trevor Milton behind bars for fraud.
Diesel dave kept promoting it, and was probly in on it the entire time. They kept using the "GM" name as a legitimizer.
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3 years? More like 3 weeks, amirite?
At this rate Trevor is not going to make it to 2023.
If people don't recognize a pump and dump when they see it, well then they are going to get taken to the cleaners. Utah happened to be the largest target for confidence schemes in the world. Very gullible bunch up there. And Arizona seems to be a legal haven for auto companies that never produce anything like Elio, Nikola and probably Lucid too.
Have you shorted the stock? It would be interesting to know.
The Long Con
Brilliantly deducted observation!!!
This is real life wolf of wall street.
AWKWARD
Hey Tom… Question… where is this $70 million or $230 million in cash coming from? Inveco supposedly only gave them $100 million.
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You really know your stuff Tom, I saw live Trevorยดs Instagram live last friday, oh my god I saw more red flags on that fella than a chinese popular party meeting
If Iโm GM Iโm concerned with counterparty risk if / when they issue POs.
Reading all comments, feels like Elon is a new GOD ๐ nobody dint talk about tesla or from Musk but all comments are from that. Grow up little
The moment I hear Turcs & Caikos, bells start to ring pretty loudly… talk about a shady place to stash cash away…
Hindenburg Research published a lengthy report Thursday morning detailing a list of problems the firm has with Nikola (ticker: NLKA). At its core, the report appears to reflect a belief that Nikola management overstated its internally developed battery and fuel-cell capabilities.
โNikola announced [in 2019] it would revolutionize the battery industry,โ the Hindenburg authors wrote. Nikola planned to buy new technology, but the deal, according to Hindenburg, fell through. โNikola has never walked back claims relating to its battery technology. Instead, [founder Trevor Milton] continued to publicly hype the technology.โ
Where are all the vocal shorts ๐ค
Look at what Immelt did to GE .Ruined a great company in his 16 years at the helm and walked away with $200 million..Amazingly he is the largest private shareholder.Go figure.Long story but he was hired by other huge companies.I guess they liked how he took care of his board members who were all eventually fired when he was let go.
Excellent presentation… Your assessments are spot-on and are startling. Liked and subscribed. Great work here.
My view and opinion on NKLA has done a full 180, I now see it as a totsl scam amid the allegations from the hinfenburg report.
He's not Elon, he fly to arizona ,Elin flus to mars !!
Can't wait for the true crime doc to come out detailing all of this once trev gets arrested.
This is a scam. The whole point of the company was supose to produce hydrogen fueled cars. Now out of no where its going all electric with GM? SCAM SCAM SCAM!
First red flag was stealing the name, shows how much they can make on their own. Since their "trucks" run on gravity they should've named it Newton.