The first whistleblower is finally here we have our first whistle-blower against Nikola and Trevor Milton and that is no other than Mark Russell, the current CEO of the Nikola Motor Company. In an interview to the Financial Times, Mark Russell had to make a decision, he had to decide if he wants to continue protecting Trevor Milton like he did so far (allegedly) or just admit to the truth about whats really going on with Nikola. It seems that Mark decided that helping Trevor is no longer a viable option and he cannot dig himself deeper into this mess and he actually admitted that certain allegations made in the report against Nikola by Hindenburg we’re actually true (by refusing to comment on a specific question) specifically relating to the functionality of the Nikola One truck, and so in this video we’re gonna talk about the Hindenburg report, about what Mark Russell's statement means for the future of Nikola (NKLA) and Trevor Milton's rampage on Twitter, so stay tuned is it gonna be a bumpy ride.
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This is strictly my opinion, so do your own research and make up your own mind.
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👏👏👏 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
This is strictly my opinion, so do your own research and make up your own mind.
Look at this back stabbing jerk Russell of a man. First of all, trevor milton can't make decisions by himself. If he did, he would still be working there.
Hindenburg the airship, by catching fire in late 1930's, put an end to transatlantic passenger airships with hydrogen.
Hindenburg, the company of our days, put an end to the dream about Nikola's hydrogen truck.
I learned that hydrogen causes metal embritlement. Hydrogen flames are invisible and odarless. The metal holding the hydrogen will fail eventually due to embritlement.
Sorry but you are confusing cause and effect. I am sure Hindenberg did NOT start from "we're shorting Nikola so lets put out a damaging report". Instead, knowing Trevor's history, they investigated hints and rumors, discovered the depth of fraud and THEN shorted the stock. They would have been derelict in their moral duty had they not made their results public. All you are doing by discounting their motivation is buying into Trevor's attempt to deflect and disguise his corruption. Frankly, your emphasizing this cuts deeply into your own credibility and lack of due diligence on your own part.
Naming the thing Nikola was a red flag already. Just trying run in the same stream as Tesla.
I went to look and see if he ever posted it and his twitter account has been deleted lol
Hindenburg saved lots of cash from disappearing
HAVE YOU SEEN BIG "L", NIKOLA's new name "LIKOLA" 😀
I don't believe a hydrogen fuel refueling station network is a big deal. They already have truck stops all over the place. All they need to do is add hydrogen tanks to them. Because of the very range of these trucks, there are a lot fewer refueling stations required for them.
Batteries are actually a bigger problem for these trucks than they are for cars because they would have so much more power requirements to recharge them, that it's much more difficult/expensive.
For cars, I believe hydrogen fuel cells are dumb, but for semi trucks, I believe it's not.
HEY TOM MAYBE YOU COULD HELP OVER 85,000 PEOPLE THAT PUT A $ 1000.00 DEPOSIT ON A ELIO MOTORS CAR , WE WERE PROMISED OVER 6 YEARS THAT WE WOULD HAVE OUR CAR , BUT ALL WE GOT WAS EXCUSES , IN OTHER WOERD PAUL ELIO FUCKED US , CAN YOU HELP ! THANK YOU ALAN
Hindenburg put their money with their mouth is. They have skin in the game. That made them more credible.
I hope you make another video telling us why you were so wrong about the Nikola meltdown after this report. The stock has lost more that a third of it’s value in less than two weeks, directly as a result of this report. Thank God you don’t manage my money.
They dont need run the truck on Hydrogen. They dont even need a motor they just need roll down a hill
It’s funny when people who are not engineers or involved in applied physics claim something as fake or a scam. You literally have no idea what you’re talking about. You’re just going off of hearsay.
3 months from IPO to CEO resignation, is that a record?
he probably attend trumps masterclass
Everyone at the top of Nikola contributed to this fraud
Any company that relies on computer generated imagery for poblicity is well dodgy IME
That's a maintenance garage. Most likely for live testing. If the run tests of no load 1000 hours, then loaded to max for 1000 hrs you will bring the vehicle in to be torn down and inspected to see what's wearing at what rate/failures at any point, and overall fit and function.
Overall very little meaning for such ambitious undertakings. May be too early for any real factual statements though.
As always good job boy keep up the good work, we are so happy for real and truth finally in these days on Trump, the worst american president ever
I like your video I subscribed
If CEO of a multibillion PUBLICLY TRADED company says "fuck the haters" you know he is trash and shouldn't be trusted!
Being a short seller is proof that the guy stands at what he claims! Not necessary a weakness.
Nikola… Comments are turned off. On "Nikola in Motion".
Did anyone notice the Peterbilt badging on the Walmart Zero emissions truck? If Peterbilt and Hyundai cant make hydrogen work why bother? "hydrogen powered vehicles are mind bogglingly stupid" Elon Musk 2018
What is the time estimate for when SEC/DOJ investigations should be completed?
I have worked at Volvo trucks.
That is not pictures from an assembly line. Not even a small experimental one.
It could be a station where you check the trucks and fix any mistakes after it is already produced.