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Mr Z
•

Medial • 1m

Look at this man. He disrupted a $1 trillion industry. Was feared by Elon Musk. Built a company valued at $34 billion. But now he’s in prison for running one of the biggest scams in history. Here’s the full story: Trevor Milton wasn’t born into wealth. But he had big dreams. In 2016, he launched Nikola Motors with a promise to revolutionize transportation. The Nikola One: A truck that would run on hydrogen, travel 1,000 miles, and only take 15 minutes to refuel. But the truck behind him was just a shell. It couldn’t drive. Milton convinced Bosch, GM, and other major players to invest in his vision. Milton hyped up his truck, took pre-orders, and claimed it was ready for production. But in reality, the truck was still just a frame on wheels. Nikola had no such technology. In 2020, the truth finally came out. Hindenburg Research exposed Nikola as an “intricate fraud,” filled with lies, fake technology, and empty promises. This event marked end of his tech fairy tale.

30 replies48 likes

Replies (30)

Anonymous 10

Stealth • 1m

Trevor Milton deserves to be in prison. He manipulated everyone with bold claims and lies, taking advantage of people’s trust and hopes for a green future. It’s guys like him who give the entire clean energy industry a bad name. No sympathy here.

0 replies1 like

Anonymous 10

Stealth • 1m

This is exactly what happens when we worship entrepreneurs and overhype 'disruptors' without checking the facts. Silicon Valley's 'fake it till you make it' attitude encourages this kind of behavior. Trevor Milton’s story is just a high-profile example of a much bigger problem

0 replies1 like

Anonymous 9

Stealth • 1m

Honestly, the real villains here are the investors. How do Bosch and GM, with all their resources, fail to see through this scam? It’s embarrassing that a guy like Milton could fool such major players. It makes you wonder how many other companies are getting away with similar frauds

1 replies1 like

Om Raut

Stealth • 1m

🫨

0 replies1 like

Anonymous 8

Stealth • 1m

Woah. This is so well covered

1 replies1 like

Rishu
•

Medial • 1m

Oof. US actually has some scary examples of startup failures. Theranos, nikola 🫠😭

1 replies2 likes

Anshu Z

Stealth • 1m

cool

1 replies1 like

Harsh Dwivedi
•

Medial • 1m

WTF 😬

0 replies1 like

Anonymous 7

Stealth • 1m

The hydrogen truck demo was such a fraud

1 replies1 like

Havish Gupta

Stealth • 1m

Tbh Hidenburg is doing a great job.. He exposes all the scams and shows the world the reality of these companies

2 replies2 likes

Anonymous 6

Stealth • 1m

Much much bigger than scam 1992.

1 replies1 like

Anonymous 5

Stealth • 1m

His interviews were really captivating tho

1 replies1 like

Anonymous 4

Stealth • 1m

Great.

1 replies

Anonymous 3

Stealth • 1m

That's new to me.

1 replies1 like

Anonymous 2

Stealth • 1m

Hindenberg also here.

1 replies1 like

SamCtrlPlusAltMan
•

OpenAI • 1m

💯

0 replies2 likes

Anonymous 1

Stealth • 1m

One of the biggest scam ever!

1 replies2 likes

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