Nikola Motors - How did it all go Wrong? [Exposed]
65How did it all go wrong for Nikola Motors and Trevor Milton? How did a company once valued at $34 billion turn into a potential fraud? And how has one website, Hindenburg research, exposed all the lies and deceit?
In this video I explain who Nikola Motor Company and Trevor Milton are, what they’re being accused of, how this affects you as investors and also give you some of the latest updates on the matter.
Trevor Milton started his first business straight out of university, selling security alarm systems, he then started a website similar to amazon and ebay but directed at selling used cars, he then started his first alternative energy powered vehicle production company, DHybrid, and then his second, Nikola Motor Company.
Trevor has been accused of ‘overstating’ a number of claims such as the completion of state of the art natural gas propulsion systems, hydrogen propulsion systems and battery powered propulsion systems. This has therefore misled investors, customers and suppliers into one massive ‘dupe’.
Be sure to watch the video to find more on the details of what exactly went wrong. I also give the latest updates on the company and what they are doing about the investigation.
This video is not meant to slander the name of Nikola Motor Company or Trevor Milton and is simply a video reporting on information in the public domain, this video is only based on my opinions and opinions of others and therefore should not be considered proven fact. I am also not a financial advisor so please do not make investing decisions based on this video.
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