How Nikola Motors Lied Its Way to $34 Billion
25:50
MSNCrushin' It
How Nikola Motors Lied Its Way to $34 Billion
The curious minds at ColdFusion uncover how Nikola Motors misled investors to reach a $34 billion valuation. This matters because it highlights the risks of hype and deception in emerging tech companies.
6 months ago
Nikola Truck Scandal
Nikola updates electric semi truck plans with new hydrogen fuel cell tech
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Nikola updates electric semi truck plans with new hydrogen fuel cell tech
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How many people lost money? 😞 The Nikola truck scandal centered on founder and former CEO Trevor Milton misleading investors about the electric and hydrogen truck company's products and technological capabilities. Milton made numerous false statements on social media and in interviews to inflate the company's stock price, targeting individual retail investors. A key revelation was that a promotional video showing a prototype truck driving was actually filmed with the vehicle coasting down a hil
1:08
How many people lost money? 😞 The Nikola truck scandal centered on founder and former CEO Trevor Milton misleading investors about the electric and hydrogen truck company's products and technological capabilities. Milton made numerous false statements on social media and in interviews to inflate the company's stock price, targeting individual retail investors. A key revelation was that a promotional video showing a prototype truck driving was actually filmed with the vehicle coasting down a hil
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Top videos
Nikola CEO tells jury his concerns about the founders' fraudulent exaggerations
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Nikola Motor Company announced it's new Badger electric and electric/hydrogen pickup truck. Boasting 906hp, 980 ft LBS of torque, and up to a 600-mile range. | Awesome Things
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Nikola Motor Company announced it's new Badger electric and electric/hydrogen pickup truck. Boasting 906hp, 980 ft LBS of torque, and up to a 600-mile range. | Awesome Things
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In 2004, Elon Musk and his co-founders acquired the rights to the name "Tesla Motors" for $75,000 from Brad Siewert, a man in Sacramento who had registered the trademark a decade earlier. The name, honoring inventor Nikola Tesla, was not originally available to the company, prompting Musk to devise a strategy to obtain it. He sent a particularly amicable team member to persistently engage with Siewert, eventually persuading him to sell the rights. This acquisition was pivotal, as the name "Tesla
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Hydrogen is now. Last week, our CEO, Global Chief Engineer of the Hydrogen Fuel Cell Vehicle, Global Head of Product Development, and the Head of Vehicle Validation took to the road to travel 325 miles up north from Phoenix to Flagstaff, AZ in the Nikola hydrogen fuel cell truck and trailer. Follow along on their trip. #ZeroEmission #FollowNone | Nikola Corporation
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