Nikola Is Losing Everything: When a $30 BILLION LIE Backfires
In 2020, a truck startup with almost no revenue was worth more than Ford. Its founder promised hydrogen trucks that would change the world. Its most famous video showed a truck driving down the road - except it wasn't driving. It was rolling downhill. This is the story of Nikola and Trevor Milton: the pitch, the hype, the short-seller report that blew it all open, the fraud trial, the bankruptcy - and a pardon nobody saw coming. How did a company with no working product fool Wall Street, giant partners and thousands of retail investors? And is Nikola the exception - or the rule? Let me know in the comments: was Trevor Milton a visionary who went too far, or a salesman from day one? ⏱ Chapters 0:00 Intro 0:41 Chapter 1 - The Salesman 2:47 Chapter 2 - The Truck That Couldn't Drive 5:34 Chapter 3 - Worth More Than Ford 8:23 Chapter 4 - The Report 11:26 Chapter 5 - The Trial 14:59 Chapter 6 - The Slow Death 18:13 Chapter 7 - The Pardon 20:40 Chapter 8 - Not The Exception 23:17 Chapter 9 - The Comeback If you enjoyed this story, subscribe for more deep dives into the biggest rises and falls in business. Disclaimer: This video is for informational and entertainment purposes only and is not financial advice. Allegations are described as presented by prosecutors and in public court records. #Nikola #TrevorMilton #ElectricTrucks #Hydrogen #StockMarket #Fraud #BusinessStory #WallStreet #EV #Documentary
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