Is Nikola Motor the next Theranos? Is Trevor Milton the next Elizabeth Holmes? or is Nikola the next big thing in the automotive industry? Will Nikola become a real threat to Tesla and Elon Musk, or will Trevor Milton and Nikola emplode once the money from the IPO will run out. In this video I look into the business model of Nikola to try and answer these questions to the best of my ability.
By Stock Chat
where the coffee is hot and so is the chat
Insane, you literally called them out before the scandal, great work!
this aged nicely
Good job Tom. They were frauds all along
You killed it throughout this whole shit show. I’d definitely watch a show on Netflix with you exposing these mega fraud companies
Hes running after the truck because he left handbrake off and its rolling down a hill.
It’s official. He’s out. Ran like the con man we knew he was. 👏🏾 Tweeted at 2 in the morning his time and then took it down and retweeted without the comments, when the 💩storm from the first one got too large.
Trevor doesn't even sound like he's NOT full of shit. That's the crazy part. He doesn't even sound intelligent when he talks. This is a guy changing the world?
You nailed it! TrevorMilton is the reverse of build it and they will come. He sold an exciting story, asked for money and then said "Oh damn now I have deliver" and scrambled to get people to help him. That is his real business model. Just like his previous companies. He sold the Nikola One as a "fully functioning" truck, got investors, tried to get it running, could not, so then he rolled into Nikola Two which he now started transitioning to "outsource" and he even made the Badger look like it will be their vehicle with some help from GM. GM is going to design, engineer and build it. So whats in it for GM? They get to be part of the cool kids group. Nikola was flashy and supposedly had thousands and thousands of orders which made GM salivate. GM is boring so using the Nikola name while GM doing the work was a win/win for GM. Bottomline Milton is the epitome of a classic pyramid scheme kind of person, always pitch the new story to cover up the last story before being exposed. If you notice he spends an aweful lot of time talking about "the haters" and arguing with them. Liars always feel the need to sell you into believing because they feel a hater is the same as being exposed. They will do anything to control that hater/disbeliever. "F%$# the haters" he said. Imagine if the CEO of Burger King said "F%$# the Burger King haters, we will prove you wrong when everybody is eating a Whopper. We are 100 times better than McDonalds". I mean who does that except the person insecure in their storyline. A real CEO worries about advancing their company not fighting with the noise makers (valid noice makers too haha). If Trevor gets out of this with no jail time after he either takes down Nikola or is fired by board, I will assure you he will do it again. He has that personality that never stops. He will always outpace people as he scams them. He needs jail time to stop his criminal ways. He is destined to be Elizabeth Holmes cellmate for sure.
The big question where is Trevor today, not running his mouth in front of a camera.
When he said he was smarter than Elon, that should have been all you need to know. A habitual liar is very convincing, and add a little money in the pot, you can get people to say anything. They are not talking now and backing him up. Stock fraud is easy to prove, and easy to get a jury to convict, thinking it could have been them buying that stock. I vote going 👎👇👎👇
Tesla proved they were legit many years ago with the Roadster. Elon has a successful past. Milton has a past of failures and fake numbers. Many years later Tesla are doing a semi-truck. Nikola hasn't produced anything. This is penny stock territory.
Nikola did one good thing. They have proven a lot of large companies and investors are moron.
Well, watching this 2 month old video today, feels almost unreal. Guess we are up for more surprises in the coming weeks.
I don't trust Trevor, so dishonest and misleading. Nikola + Trevor is most likely a new Theranos + Elizabeth Holmes.
I will not buy NKLA stocks.
The guy is a fraud and anyone who is presented in the video is also in on that fraud. A CFO quit and sued the company- that is a huge red flag. No CFO would quit on any company who he/she believes in the business and the financial health of that company.
This is bigger than Theranos. You've gained a Patreon supporter.
Nikola is the biggest FAKE IT TILL YOU MAKE IT I´ve seen in since Theranos
Going to make money on Nikola one way or the other. Puts puts puts. Easy money when a scam has been exposed. In Musk we trust!
"objective opinion" k
theres no truck
He’s a fraud
And now we got the hindenburg report. This video aged well. 🙂
Reminder that Tesla was bailed out by the Obama administration using tax payer dollars in the amount of $5 billion. Obama wanted his PR moment for his reelection.
Where is you 30 minute video of them ?
The next big short..?…
ARAB NIKOLA TESLA
Elons Telsa company is Awesome and does extraordinary things for the world. But as for the numbers between a Tesla 18wheeler compared to the Nikola 18wheeler profits aren't completely accurate. They need to also calculate of the two in the terms of actual hauling of Amount/Weight of products being hauled. Tesla wouldn't be able to haul as much of a load as a Nikola due to the fact of a Tesla's battery pack weight. So Nikloa hauls more products per load which means more profit per load. And as for fueling stations for Hydro vehicles they can to consult with and maybe work a deal with sharing and using Natural Gas companies pre-existing pipelines to move/pump the hydrogen to smaller compression stations along the major truck routes. Because there is already pipelines already across the world with many running parallel alongside of these major highways.
IF you want to know more, Real Engineering made a video that also talks about Nikola and the truck
Nikola Tesla the irony!!
Nikola sounds like a company that the people on r/wallstreetbets would invest in
I am just sitting here with my popcorn waiting for how much longer Nikola can pump steam into the bullshit train