Gm's $2 Billion Truck Betting Fail - Nikola Corporation

How GM Lost $2,000,000,000 Betting On a Truck
In 2020, General Motors stunned the automotive world by joining forces with Nikola, an electric vehicle startup. 🚗💡
Dive into the unexpected collaboration that left industry experts puzzled and explore the dramatic tale that unfolded after this major partnership.
So if you want the answer to this questions, sit back and enjoy
00:00: Start
00:11: Why GM Partnered with Nikola:
02:16: The GM-Nikola Deal: Brilliant or Disastrous?
03:58: The Downfall: Lies, Fraud, and Scandal:
06:10: GM's Calculated Gamble:
08:22: Nikola's Rocky Road Ahead:
09:21: Nikola's Recent Developments:
10:05: Future Speculations: Will Nikola Rise Again?
Liked this? then you might enjoy this
✅ Why US Semi-Trucks and European Trucks Are So Different - Which is Best? • Why US Semi-Trucks and...
🚜Go visit our other channel about tractors here 🚜 / @tractortropia
🚛Subscribe to our channel: / @trucktropia
🚜Subscribe to our Tractor channel: / @tractortropia
▬▬▬ End ▬▬▬
Hope you liked this video with How GM Lost $2,000,000,000 Betting On a Truck
The content of our videos is for entertainment and the information contained is for you to know what is happening on the screen and has some educational value.
We enjoy making entertaining and educational vides for you, so like and share if you also like it
Copyright Issue: If you find any of your copyrighted material in this video, please leave us a message so we can resolve the issue.
For business contact [e-mail]

[@TruckTropia]

Liked this? then go watch: Why Use a Jake Brake? Engine Brake Explained kzbin.info/www/bejne/eGKXi6OMdrKEpsU

[@JuniorMudukuti-tm8hn]

Hey bro can u plz give us an update on the new volvo AERO interior Features and more ... Capabilities etc.

[@chrisque4666]

Clear Yes from my side for Nikola! What I see today in the Post-Milton era is a very interesting company, which shows extrem resiliance. The interest in the company is still immense and many people expect great things to happen, seeing the last outburst of the stock of over 50% in one week.

[@alexramos9521]

You just wasted your time doing this old facts video. Dude focused on today facts and where we will be in the future. Go Nikola!!!

[@hafnaouisendi7536]

Isn’t this video made 2 years ago

[@user-lk7zr5hm9y]

Nikola will make it as long as Trevor Milton is in jail and away from the company

[@Jones-wb9ql]

Ok, stop rehashing old news and talk about what is happening now and in the future. Please.

[@andysvehiclehistorychannel]

The 35 units looks like they are half Iveco S Way

[@sheebakavalakkat]

Can you make a video I have heard in a different video that there are configurations also known as 8x6 can you make video on what an 8x6 configuration is because i have heard about that configuration

[@TruckTropia]

Here you go: kzbin.info/www/bejne/rKm5kHeoja-aaZI

[@bossusa365]

Nikola is the future ..❤🎉

[@ilan8331]

Nikola will change the world ❤

[@mikafiltenborg7572]

NKLA a penny stock. Delisted soon. Bankrupt soon.....

[@mikafiltenborg7572]

Nikola have Less than 200 costumers pr year

[@robles100]

​@@mikafiltenborg7572 You're the biggest clown on KZbin

[@user-lk7zr5hm9y]

@@mikafiltenborg7572 shorts are losing value🤣🤣🤣🤣🤣🤣

[@josese.bikeemporium8716]

NKLA will Dominate the World Market.

[@mikafiltenborg7572]

NKLA a penny stock. Delisted soon. Bankrupt soon....

[@josese.bikeemporium8716]

@@mikafiltenborg7572 I'd que up some buy orders. NKLA will do very well. I'm looking forward to markets open.

[@user-lk7zr5hm9y]

@@mikafiltenborg7572 shorts are losing value🤣🤣🤣🤣🤣🤣

[@georgesealy4706]

@@mikafiltenborg7572 It's back over a $1. No delisting soon, if ever.

[@techshark6181]

In total failures and how not to do a business amd how to scam traders

[@joejoe3201]

To the moon🚀🚀🚀🚀

[@georgesealy4706]

Nikola is going to sell trucks AND the fuel. No other automotive maker does that. The fuel side of the business is going to provide a steady stream of cash. Additionally, FCEV is a much better option for long-haul trucking than EV battery trucks. Batteries degrade over time so the range decreases. They have a difficult time in cold weather. They are heavy so the maximum load is decreased. And batteries take hours to recharge, whereas FCEV trucks can be fueled in about 20 minutes. I can't see long-haul trucking companies wanting to deal with the issues surrounding EV trucks when there is a viable alternative.

[@reypalaceskc897]

Nikola is the future

[@icare7151]

Nikola Motors filing yet another lawsuit is throwing good money away on bad causing its stock to plummet. With future divesting to raise capital all but guaranteed to continue as a viable business entity, this is the worst timing to throw money away on litigation that will take years to resolve which may force Nikola Motors right into bankruptcy with “out of business” signs hanging on its doors.

[@thingshappen9199]

Businesses need to resolve violation of contracts and disputes through lawsuits otherwise it'd be a zoo. And no this won't causing them to go out of business.

[@icare7151]

@@thingshappen9199 This lawsuit appears to desperate attempt to gain cash for a company that is beyond cash poor. If they actually win for a true breach of contract and it does actually bring in significant cash with low legal fees great. However, understanding that attorneys always win even if their client looses, the legal fees cash output may drain drag on firms years especially if the appeal process occurs even if Nikola Wins. Burning up much needed cash flow needed to stay in business may back fire in Nikola Motors.

[@EddieSerban]

Very bias video ! You spent 99.99% of time discussing very old facts and 0.01% talking about present. Nothing regarding Hyla stations, FCEV ordered of extra 40 FCEV trucks from IMC after they tested first 10 trucks ! And many many other good recent news …

[@DjinnGazoo]

Short seller do this… they still waiting for there Money

[@techshark6181]

All facts on this scam company you fell for

[@techshark6181]

Because it is a scam and fake company, all their trucks failed, they horr another company to make them, they all got recalled and no on the road now, and now they are going into foolcell and that already is a super failure.. biggest scam

[@Kubex70]

Nikola TRE is not even their truck. The cabin is from Iveco S-way. That's because Iveco is a very large shareholder in Nikola. The first models were made in Ulm, Germany in Iveco factory. Nikola TRE is planned to be for EU and US. For europe it will be made In Germany, for America it will be made in Arizona

[@thingshappen9199]

Just like Tesla used the Lotus chasis for ther roadster when they first came out? Start up companies do this very frequently because they don't have the mean to produce their own chasis until years later when they become profitable or at least stable.

[@SurvivenTerry]

Never bet on electric.....especially when your own grid is 35 years out of date and little to nothing has been done to change it...well minus using coal and oil power..we stopped using them and are suffering badly... ever lived in a desert in the summer with no power for AC...yeah that's where GM landed...also soon Ford as well

[@thingshappen9199]

So you are saying that gasoline cars started to get mass produced as soon as they were invented and there were millions of gas stations to support ICE cars right away too? As if God had simply said "exist gas cars and gas stations".poof

[@irvinstruckinggroupse]

No! He's done for! Nikola's reputation has ruined already!

[@thingshappen9199]

Huh?

[@irvinstruckinggroupse]

@@thingshappen9199 the scamming idiot

[@unflexian]

con company will remain con

[@edisonperez966]

That was like two years ago. Now it's a completely different game, I'm buying the stock at .63 cents

[@mikafiltenborg7572]

NKLA a penny stock. Delisted soon. Bankrupt soon....

[@ankurchh]

bhai PPF ke lie procarz pr jaana chahiye tha....they are the best...and pocket friendly.

[@TheDumbassSoldier]

trust me older all manual internal combustion cars will always win no matter what , EV aint gonna be the future and it will never will Petrol+Gas just works diesel is bad and EV is useless and hybrid are just a mistake i just wish there is some type of fuel that can be healthy for environment but its still Internal combustion like in the old days ya know ?

[@thingshappen9199]

You are so lost.

[@reypalaceskc897]

Nikola is the future