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.
Download the medial app to read full posts, comements and news.