How a Fake Startup Became Worth $34 Billion Dollars

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Vince Vintage

Vince Vintage

Күн бұрын

Rival to Tesla motors, Nikola rose in prominence in 2020 but when GM partnered for their EV truck, nobody expected the controversy that would follow. A deep dive on allegations of fraud, scandalous lawsuits, and all the controversy surrounding the deal.
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Пікірлер: 1 400
@DominicLD
@DominicLD 3 жыл бұрын
Convincing investors that the truck works by starting filming right after its been nudged down a hill is some real looney toons type shit
@tavirosu25
@tavirosu25 3 жыл бұрын
Rule no.1 of investing: Prepare to lose the money. Almost all old school angel investors know that for every 10 investments, maybe 1 skyrockets while the rest just burns.
@ferretman6790
@ferretman6790 3 жыл бұрын
Truly
@alextg3499
@alextg3499 2 жыл бұрын
ipip
@volundrfrey896
@volundrfrey896 2 жыл бұрын
I mean tesla made that video with the cybertruck pulling the ford up a hill, so physics doesn't really concern investors or consumers
@Tranced24
@Tranced24 2 жыл бұрын
This proves how smart the Americans really are hahaha.. get it ? 😂
@Fres-no
@Fres-no 2 жыл бұрын
he did not lie, the truck had zero emissions, with zero fuel consumption.
@ii_ixq997
@ii_ixq997 2 жыл бұрын
Woahhh no carbon emission truck its just like my toy cars
@RichD1
@RichD1 2 жыл бұрын
+ free
@HeyyyitsLissy
@HeyyyitsLissy 2 жыл бұрын
😂
@dirtworm979
@dirtworm979 2 жыл бұрын
Lmoo
@CHCHA2384
@CHCHA2384 2 жыл бұрын
And Zero Truck
@fgw2262
@fgw2262 3 жыл бұрын
This man really saw "Tesla" and thought: "Hmm... Nikola!"
@VinceVintage
@VinceVintage 3 жыл бұрын
Probably one of the most original names for an electric car company ever lol
@seelcudoom1
@seelcudoom1 3 жыл бұрын
literally sounds like the parody company you would see in a cartoon, what next he going to try his hand at making home computers and smartphones with his original company do not steal: Orange
@acenull0
@acenull0 3 жыл бұрын
😂😂😂
@hunterlong1820
@hunterlong1820 3 жыл бұрын
The Edison dropping next
@70sman
@70sman 3 жыл бұрын
@@seelcudoom1 literally pearphone tier naming
@DemonVido
@DemonVido 3 жыл бұрын
Pretty impressive that the company was worth billions even without producing a functioning truck
@99knives
@99knives 3 жыл бұрын
Just like Theranos
@userequaltoNull
@userequaltoNull 3 жыл бұрын
That's Tech, baby!
@habits4491
@habits4491 3 жыл бұрын
It’s the United States, to make millions you just need insane confidence
@thegreatone5433
@thegreatone5433 2 жыл бұрын
That's capitalism they'll do this then when they fail our government says its ok baby the tax payers will bail you out
@mrclean3088
@mrclean3088 2 жыл бұрын
@@philippossnortis2035 except crypto is functioning and widely used
@ejkk9513
@ejkk9513 3 жыл бұрын
If these companies merge, they can make Nikola Tesla whole again.
@Dgero
@Dgero 2 жыл бұрын
He will manifest once more
@RosesTeaAndASD
@RosesTeaAndASD 2 жыл бұрын
@@Dgero I like this🙂👍
@jonathanj8303
@jonathanj8303 2 жыл бұрын
That's literally why it was called Nikola, to try and use Tesla's reputation by implying association.
@InfernosReaper
@InfernosReaper 2 жыл бұрын
@@Dgero nah, pretty sure that's how we resurrect Edison
@mikeschmidt4800
@mikeschmidt4800 2 жыл бұрын
They need the cup of Hermes and Excalibur to make it happen.
@Nifghfgjyuk
@Nifghfgjyuk 2 жыл бұрын
I'm not a product design expert, but when I saw the inside of the truck, I saw a pattern taking place. I call it "overtech" which is where you shove extra expensive shit into products that don't need it because "IT'S THE PRODUCT OF THE FUTURE." I don't think the truck needed 4 display screens and what seems like an ipad. The goal of this product is to implement a hydrogen electric truck. Just do that. Make a baseline model truck, and put in that engine.
@paulbedichek2679
@paulbedichek2679 2 жыл бұрын
They use Bosch fuel cells and will make them under license.
@sirentyper4457
@sirentyper4457 2 жыл бұрын
honestly i hate 99 percent of the digital stuff being added to cars. I shouldnt have to pay hundreds of dollars to fix something that could very simply be mechanical (think of all the knobs and internal levers that have been replaced with expensive mini mother boards and wires, as well as whole digital screens [like ac/car locks/mirrors/windows/media players].) It sucks, any person should be able to fix thier own components and property with followable tutorials. Not only does it allow the consumer to keep thier property for longer, but it also stimulates the economy by giving small car shops more work (a car xan be fixed by a layman vs being sent back to the car company to be fixed in several months by machines, specialists, and company laborers.)
@edgarrivas6438
@edgarrivas6438 2 жыл бұрын
@@sirentyper4457 knobs and levers? No. Not even close. Almost impossible to replace microchips on motherboards that aren't used to that level of power draw and heat fluctuation. It'll eventually break, and with physical Knobs and levers, you can replace them. With tech, you need to ship it out and rebuild proprietary tech that costs significantly more than general market stuff. I get your point. All the tech they add is ridiculous and drives cost up unnecessarily, but it's definitely not simple knobs, more like custom ordered shit tech
@andriesdupreez4170
@andriesdupreez4170 2 жыл бұрын
You clearly haven’t spend much time driving a 18 wheeler reversing it experiencing blind spots and then having to think for useless drivers around you 4 displays to see 4 sides of the truck that I can’t see because I’m literally hauling my living quarters right behind me makes plenty of sense having cameras Check me while I drive 1000km a day to tell me I’m tired help me stay awake safe someone else’s life plus mine if u do almost dose of die to driving 8-12 hours a day All that tech makes things better for everyone
@36cowboysintotalatramranch
@36cowboysintotalatramranch 2 жыл бұрын
@@andriesdupreez4170 ok but actually, NONE of those displays would have showed you your blind spots, because the truck never functioned. Also, look in the cab. Those 4 displays were literally there to replace instrument panels, no camera feeds. I have no idea why you're here trying to defend this vehicle?
@MargaretLuke-o9e
@MargaretLuke-o9e 9 ай бұрын
I bought 150 shares at $35. Shot up to $75. I felt so smart. Rode it down to $1.02/sh. Thanks Trevor.
@hospitable_ghost
@hospitable_ghost 2 ай бұрын
Trevor isn't to blame for your greed. ¯\_(ツ)_/¯ It shot up to $75 and you didn't sell?
@julianfuentes897
@julianfuentes897 3 жыл бұрын
i remember back when it first got in the market i bought $250 worth of Nikola thinking i was making big moves. i feel like a donkey
@04dram04
@04dram04 3 жыл бұрын
That really wasnt a bad risk you took. With the government forcing the world to go all electric, you could have made allot of money. You win some you lose some,
@dbensdrawinvids8390
@dbensdrawinvids8390 3 жыл бұрын
Coulda been worse. You coulda gone all in.
@gyroscope915
@gyroscope915 3 жыл бұрын
Depends on when you sold it. You could have made some serious money if you bought early and then sold it before the company collapsed
@togowack
@togowack 3 жыл бұрын
you got into the rigged stock market where start up companies like Nikola challenge the big guys and get eaten alive... but they have survived thus far.
@facelessdrone
@facelessdrone 3 жыл бұрын
@@04dram04 the government forcing the world to go electric? Ok, now you sound like a goddamn osycopath and an idiot... nobody is listening to a word you say
@ob7773
@ob7773 3 жыл бұрын
I feel so lucky to have found this channel
@arsalabangash
@arsalabangash 3 жыл бұрын
Same! Can't believe the numbers on this channel ATM. Bright days ahead Vince keep the great content coming!
@sinceninetyeightysixgustof8122
@sinceninetyeightysixgustof8122 3 жыл бұрын
Same he does a good job of presenting in a entertaining way that I as someone who is 35 can enjoy and does a good job of cracking his joke off and still manages to prolly not get most of his videos demonotized I hope that's a hard tight rope to walk these days
@kyliethelittlespider-mangirl94
@kyliethelittlespider-mangirl94 3 жыл бұрын
Same! I just saw one of his videos in my recommendations, really good!
@yolvvn
@yolvvn 3 жыл бұрын
Same
@Beejanew
@Beejanew 3 жыл бұрын
Me too
@benweiser22
@benweiser22 3 жыл бұрын
Wow, I love finding channels that produce amazing content but have not yet blown up. I get to not only watch the great vids but also have the pleasure of watching the channel grow.
@VinceVintage
@VinceVintage 3 жыл бұрын
Welcome aboard! We have more awesome videos coming out soon!
@jeff-m6f
@jeff-m6f 3 жыл бұрын
I totally agree, excellent channel, look forward to seeing it grow!
@StoutShako
@StoutShako 2 жыл бұрын
@@VinceVintage Liked, subbed, and subscribed on Patreon. Can't wait to see where you go from here!
@VinceVintage
@VinceVintage 2 жыл бұрын
@@StoutShako Thank you Stout! That make me so stoked that you're digging the videos ! Whats your favorite one?
@golfinguru11
@golfinguru11 3 жыл бұрын
You know how I know we are in a bubble? This sad, fraudulent company is still worth 5 billion dollars.
@triadwarfare
@triadwarfare 3 жыл бұрын
Without Tevor Milton and a CEO willing to right the wrongs of what started as a fraud, if they can deliver, there should be no issues
@golfinguru11
@golfinguru11 3 жыл бұрын
@@triadwarfare forget the fundamentals. A normal, non-bubble market (based mainly on sentiment, as all markets are these days) would not allow this company to exist. The scandal would’ve taken it to zero. However, in the bubble, even dogshit has *some* value.
@golfinguru11
@golfinguru11 3 жыл бұрын
@@triadwarfare keep in mind, this wasn’t just any scandal either. The entire fucking company was based on a lie. The fairytale is over, they have no first mover advantage (their only one to begin with) + a tarnished reputation. Good luck.
@calebmclarnon6211
@calebmclarnon6211 2 жыл бұрын
The reason the stock still has value is because they have a lot of assets with not a lot of debt. The reason they don't have debt is, why borrow money when you get get suckers to give it to you for free lol. If their stock fell to nothing, someone would pull a Warren Buffet, buy the whole company for like 200 bucks, and then sell all the warehouses, equipment, ext.
@tomlxyz
@tomlxyz 2 жыл бұрын
@@calebmclarnon6211 The assets minus debt is just a fraction of 5 billion, so it's still overvalued
@ewoknroll
@ewoknroll Жыл бұрын
My guy Vince, let me tell you. This guy puts videos together and they just work. His videos really do work. This guy is not a pusher.
@AngryGamer1224
@AngryGamer1224 Жыл бұрын
All of the components are 100% functional. They're real videos. Nothing is fake, it's all real. 🤣
@Oniontrololol
@Oniontrololol 3 жыл бұрын
Alrite, I’m opening a electric car company call “Edison Motor” and go public 😂
@michaelsayavong2656
@michaelsayavong2656 3 жыл бұрын
And a couple months later somebody opens a company called “Thomas motor” Repeating the cycle all over
@sabinagibson7639
@sabinagibson7639 3 жыл бұрын
Lmao count me in 🤣
@fullmetaltheorist
@fullmetaltheorist 2 жыл бұрын
How much start up capital do you want from me?
@ricky-sanchez
@ricky-sanchez 2 жыл бұрын
@@fullmetaltheorist Give it to him. He won't spend it on prostitutes and drugs.
@renge5589
@renge5589 2 жыл бұрын
It sounds cool I see no problem with it
@opmdevil
@opmdevil 2 жыл бұрын
I guess the sad part of this story is that you could make extremely big engines run on 100% hydrogen. The technology is there in couple of years. If they had played their cards differently, this would have not been a hoax. All they had to do it to partner up with the big engine manufacturers to make the development side of the engines. What about the batteries...You don't need it. Make it hydrogen-electric drive - if diesel-electric works on locomotives, you can make it work on trucks with hydrogen. And stop trying to make the truck futuristic.
@jamesbizs
@jamesbizs 2 жыл бұрын
A truck powered by hydrogen is fine. Everything else tho, is bull
@DanoFSmith-yc9tg
@DanoFSmith-yc9tg 2 жыл бұрын
The futuristic design is for aerodynamic efficiency, as much as i love my old school long nose Pete's, theyre like a cinder block rolling down the road, its just kinda dumb. Trucking is all about travelling the furthest distance for the least cost, so miles per gallon is everything, Diesel, Electricity, or in Hydrogen's case, water, you still need to refuel something, and are using some sort of energy, efficency is everything.
@tomlxyz
@tomlxyz 2 жыл бұрын
There are already many companies working on it and it is already possible. The problem is that it just doesn't make sense economically. And having a high pressurized highly flammable gas rolling all over the streets is a safety hazard
@Kazako83
@Kazako83 2 жыл бұрын
@@tomlxyz yeah I’m not a chemist but I’m pretty baffled by how no one is mentioning how dangerous hydrogen is. I mean do we want a Mini Hindenburg each time a car crashes? I figured I was just missing something they did to make it inert.
@chicagotypewriter2094
@chicagotypewriter2094 2 жыл бұрын
True, but we can’t just ignore how flammable gasoline is! And have you seen a video of a lithium ion battery exploding?! Jesus those things go off in a literal flaming mess, all while belching toxic smoke!
@jimtekkit
@jimtekkit 2 жыл бұрын
What I find staggering in all this is the total lack of due diligence by investors. It's a continual chain of Investor B throwing money at them because Investor A did, with nobody checking to see if the technology was actually real. At any point Nikola would've been easily caught with their pants down if someone had simply started asking questions.
@Keylevitation
@Keylevitation Жыл бұрын
youd think the guys at GM would at least go down to the nikola truck factory to see if they even had an engine or battery for the truck that nikola claimed wasnt a pusher
@nothing.mp3
@nothing.mp3 11 ай бұрын
The whole high-tech, fast money, "fck you, got mine" culture we have in the states now is what causes this. People see dollar signs and immediately go blind following the hype train. Nobody wants to ask questions because secretly, deep down, they know it's complete BS. Everyone's just trying to make their cash back before the company sinks so they can laugh their way to the bank.
@OriginalStachuJones
@OriginalStachuJones 3 жыл бұрын
Theranos CEO creeps the shit out of me
@jfm14
@jfm14 3 жыл бұрын
She's definitely terrible, but at least she didn't SA a child.
@light-or5yh
@light-or5yh 3 жыл бұрын
@@jfm14 that we know of
@fullmetaltheorist
@fullmetaltheorist 2 жыл бұрын
@@light-or5yh Sounds like the "Your chances of getting killed hy a cow are low. But now zero."
@jessepatterson8897
@jessepatterson8897 9 ай бұрын
Elon has the same vibe
@Ashpaige1989
@Ashpaige1989 5 ай бұрын
Her deep soulless voice
@zeph_os
@zeph_os 2 жыл бұрын
Updates since his indictment - In November 2021 he sold off $300 million worth of stock in Nikola he still owned, but he was still worth $1 billion according to Forbes - In December 2021 he asked for two charges of misleading investors to be dropped because "He did not know the statements he made would lead to criminal charges". This is after he tried throwing out one of the charges also in November 2021 with a different federal judge but was denied - Just four days before Christmas 2021, the SEC forced the Nikola company to pay $125 million in a settlement with the SEC against fraud allegations, which will be distributed to the investors he defrauded. The company stated it will seek reimbursement from Milton himself -Shortly after New Year's 2022, both Nikola and Tesla agreed to drop their lawsuits against each other -Jan 16, 2022, updates show he tried to gain access to the very vehicles he used to defraud investors to rebuke those accusations, but the judge presiding denied those requests. This includes the Badger, Nikola One, another UTV prototype, and a hydrogen demonstration station, all currently located in Phoenix, Arizona -June 2, 2022, he voted against Nikola's vote to increase the amount of shares the company will have, throwing the decision into limbo. The stated reason is to raise capital for the company, but he believes the intention is to dilute the amount of shares Milton owns, reducing his influence over the company
@Winasaurus
@Winasaurus 2 жыл бұрын
"If I'd have known you were going to take me to court about this I wouldn't have said it" What was he expecting? "Oh in that case, all charges dropped, you're free to go!"
@RosesTeaAndASD
@RosesTeaAndASD 2 жыл бұрын
Thank you for the update🙂👍
@blakksheep736
@blakksheep736 Жыл бұрын
Pfffffffffffft
@xDRBKZ
@xDRBKZ Жыл бұрын
Yep, the company continuing just shows it was not BS. This is how they steal your company from you. If you could steal billions from some cocky dbag, but f him over in the process, would you?
@MisterSplashMan
@MisterSplashMan 3 жыл бұрын
I've been following you since your Jared video and I can already see how much you're improving. Keep it up, mate!
@VinceVintage
@VinceVintage 3 жыл бұрын
Thank you!
@jackeldridge1319
@jackeldridge1319 3 жыл бұрын
The trucks at the end that are working models look suspiciously similar in dimensions and design to Scania R series trucks. I suspect they just did a facelift on the bodywork and left the underpinnings in for the demonstration, hence why we don't see the mechanations
@ranhny2022
@ranhny2022 2 жыл бұрын
Thank you for putting the Theranos fraud speech in this. it just pulls the whole thing together. I was screaming in my head about how he sounds like Elizabeth Holmes!
@ufis567
@ufis567 3 жыл бұрын
They did the same thing as Elon, but without the benefit of taking over a company with a (barely)working product
@ReddoFreddo
@ReddoFreddo 3 жыл бұрын
I'm no Elon Musk worshipper but what this guy did was claim to have developed a fully functional hydrogen truck to dupe investors. What Musk did was help a company develop a fully functional electric sportscar with his own money, along with in-house drive-train and battery technology that was licensed to electric cars from Daimler, Ford and Toyota, before taking his company public through an IPO instead of a SPAC. COMPLETELY different
@INSTINCTXIV
@INSTINCTXIV 3 жыл бұрын
One put it's money where it's mouth is and the other literally went on a shopping spree as soon as he could.
@unstoppableExodia
@unstoppableExodia 3 жыл бұрын
Elon for all his faults (of which there are many) did at least get Tesla producing vehicles and got them sold into the market. He was an early investor in the company so he was there before the first Tesla car had been assembled. But I want to be clear that I’m not letting him off the hook for his own vapor ware bullshit
@user-rx2ur5el9p
@user-rx2ur5el9p 3 жыл бұрын
Trevor went full HyperLoop without getting free Apartheid Bucks from his daddy first. You gotta be born rich, THEN go full HyperLoop, if you wanna get away with it.
@gyroscope915
@gyroscope915 3 жыл бұрын
@@ReddoFreddo musks claimed he could build the hyperloop, which many people have proven won't work, that he will get humans to mars in an impossiblely short time span, and that he can build a robot decades ahead of anything in both hardware and software in less then a year, all to keep investors happy. He can't keep any of those promises, but each time he makes those promises everyone gets all excited and it bumps up the share price. Not to mention the claims he made originally about telsa self driving abilitys and then hurridly back tracked when it came out it wasn't possible
@relax557
@relax557 3 жыл бұрын
The green hype is lethal
@VinceVintage
@VinceVintage 3 жыл бұрын
The green hype is very real!
@ThomasChanSellsOut
@ThomasChanSellsOut 3 жыл бұрын
one of the most underrated channels on youtube
@mathieuleader8601
@mathieuleader8601 3 жыл бұрын
Trevor in his looks could be another half-brother of Hank Hill
@VinceVintage
@VinceVintage 3 жыл бұрын
He seriously does! lolol
@justinweber4977
@justinweber4977 3 жыл бұрын
Hank would kick his ass, and it would be a wonderful episode.
@dropdedd
@dropdedd 3 жыл бұрын
Oh God this gives me nightmares, when getting into stock during covid I put 300 bucks towards them hoping that a competitor to Tesla would bolster it's stock especially since at the time they just made a partnership with GM. Figured GM knew what they were doing 😅
@paulbedichek2679
@paulbedichek2679 2 жыл бұрын
Buy the dip!! 100 shares for $800!
@25566
@25566 2 жыл бұрын
@@paulbedichek2679 if you buy nikola you deserve to lose money
@paulbedichek2679
@paulbedichek2679 2 жыл бұрын
@@25566 Tesla set a record for the most market cap lost by a company,they did it in record time, you deserve it.
@TheNinjaNiky
@TheNinjaNiky 2 жыл бұрын
Don't loose hope yet, just because Trevor was a fraud doesn't mean the company can't get it to work eventually
@calebmclarnon6211
@calebmclarnon6211 2 жыл бұрын
This is why you look at their financial statements before investing in a stock. You would have been able to see that they had zero in sales.
@TQM
@TQM 2 жыл бұрын
I can't imagine being an engineer for GM, pairing up with the Nikola team to work on a new product, just to find out that the hydrogen fueled engine doesn't exist and that all of it is a scam. They probably signed NDAs, but man, it must've been an insane weight to carry a ticking time bomb that could destroy a 31 billion dollar company
@jimj2683
@jimj2683 Жыл бұрын
Fuel cells exist, you ****. They just hadn't bought or installed them yet. And Nikola actually has working trucks now.
@ephremcortvrint2376
@ephremcortvrint2376 3 жыл бұрын
One part that really surprised me is, if you say: '' we have the best battery.'' Why not sell the battery? why sell a truck? and why did no one question that..
@SupeDefy
@SupeDefy 2 жыл бұрын
Exactly. Or "I want a ride in the truck before I give you $2 billion dollars." 🤷
@Velcreed
@Velcreed 2 жыл бұрын
The line about the Hindenburg blowing up because of hydrogen, and the Hindenburg report killing a hydrogen car company made me spit my drink. Your observations and puns never cease to catch me off guard. Kudos to you good sir.
@Mariathinking
@Mariathinking 2 жыл бұрын
It's poetic justice
@pimas11
@pimas11 2 жыл бұрын
I love how GM was like no worries bro I’ll take your word for it that you actually have invented these things and I trust you with our 2 billion dollars overseen by some of the best financial advisors in the world
@SD-oi9gr
@SD-oi9gr 3 жыл бұрын
It’s a shame, I was looking forward to the KZbin montages of hydrogen filled vehicles going boom every time they have a minor fender bender.
@mehukattti
@mehukattti 3 жыл бұрын
Oh the humanity 😭😂
@KnakuanaRka
@KnakuanaRka 2 жыл бұрын
I don’t think that would be much more likely to happen with a decently-designed hydrogen vehicle than with a gasoline vehicle; we know this stuff is reactive, and we’re not just going to leak it willy-nilly!
@thenecromorpher
@thenecromorpher 2 жыл бұрын
Iirc Ford was working on a nuclear powered car, but then the Pinto fiasco happened (where a minor fender bender, or other such relatively minor car crash, can cause the fuel to explode) during designing and they scrapped the project. No idea if that actually happened, but it's stated (somewhere, I honestly forgot where) as the inspiration for the nuclear cars and buses in Fallout 3 and 4.
@MegaMeco2
@MegaMeco2 2 жыл бұрын
I was about to rebuttal with the fact that gasoline is explosive and that our cars today rarely explode in car accidents but thats not really a good point considering that hydrogen is all vapor as opposed to gasoline which can also ignite due to vapors but not like hydrogen so even the smallest leakage is bad news for crashes.
@ritac9769
@ritac9769 2 жыл бұрын
I used to work for a govt lab and we had some partially hydrogen powered cars. They're safe when done right.
@CommonSenseSisters
@CommonSenseSisters 3 жыл бұрын
Your delivery ✅ on various topics & story telling is remarkable 😁and very engaging 👏🏽👏🏽👏🏽. The great thing is that your video is REAL & not a PUSHER 😀
@VinceVintage
@VinceVintage 3 жыл бұрын
ITS REAL!!! We ain’t no pusher over here! Thank you for the kind words!
@Jasperr2016
@Jasperr2016 3 жыл бұрын
@@VinceVintage real shit u up next vince u bout to hit the big break keep up the good work
@giornogiovanna49
@giornogiovanna49 3 жыл бұрын
Bro you deserve so many more subs. The effort you put into your videos and the information you summarize is amazing! Thanks for making such cool videos, binging them today.
@adamofblastworks1517
@adamofblastworks1517 2 жыл бұрын
GM's biggest mistake was not creating the first self-sustaining fusion reactor in 2020 like they were supposed to.
@GESJJDd
@GESJJDd 3 жыл бұрын
good stuff man, just keep doing this. Im rooting for you
@Lordwolfie59
@Lordwolfie59 2 жыл бұрын
The weird thing here is that since he has the money to pay the fines he will most likely see little to no jail time and walk away never having to work another day in his life. I hate how that works.
@joshuakuehn
@joshuakuehn Жыл бұрын
I need to switch careers
@reprovedcandy
@reprovedcandy Жыл бұрын
i cant get over this either. why on earth do we let literal crime pay??
@hamzadaddak238
@hamzadaddak238 Жыл бұрын
​@@reprovedcandywell cause that how it works in the real-world money is everything check the politicians the president and the government in general as long as you have the money you're untouchable until you become broke then your allies become enemies
@infesting
@infesting 3 жыл бұрын
Vince your videos are great love watching them I feel like I found someone special that no one else knows about. Keep up the good work man your gonna explode.
@davidcoleman6369
@davidcoleman6369 3 жыл бұрын
I wanna thank the KZbin algorithm for showing me your KZbin channel. Amazing content, very well done man. You’re gonna be at 100k in like 4 months
@rogermoore27
@rogermoore27 Жыл бұрын
Amazing how major companies can form business deals with other businesses that appear to be legitimate WITHOUT background checks
@Jzns82
@Jzns82 3 жыл бұрын
Man I really just love your documentary videos!! Your channel is going to be huge. Keep truckin
@VinceVintage
@VinceVintage 3 жыл бұрын
I appreciate that Thank you Jeremy!
@flybennu
@flybennu 3 жыл бұрын
Oh, i get it... Not a "hydrogen powered truck," but a "gravity-fueled monster" Spit it my eye, why don't ya. 😹
@octobrain23232
@octobrain23232 Жыл бұрын
This is a perfect video to describe what it's like living in this era.
@gigisworkshop
@gigisworkshop 3 жыл бұрын
So happy that KZbin suggested one of your videos to me. Currently binging your channels! Love the topics; I’ve never even heard of this one before.
@William-Morey-Baker
@William-Morey-Baker 3 жыл бұрын
a hydrogen powered jet ski is a fantastic idea... do you realize a lot of bodies of water prohibit motorboats because of the polution... hydrogen only emits water... they also dont need a ton of fuel or that long of a range... in general its actually a great option for hydrogen conversion...
@user9o777laont
@user9o777laont 3 жыл бұрын
Better get started William!
@claymoreroomba2921
@claymoreroomba2921 2 жыл бұрын
this is actually a really smart idea,what if hydrogen driven boats or ships?
@akamesama
@akamesama 2 жыл бұрын
@@claymoreroomba2921 Already happening. Hydrogen has issues with distribution and collisions, but those are mitigated by all boats already going to port and collisions being exceedingly rare. In fact, it is very easy to retrofit boats with a hydrogen engine, compared to other technologies. This is very good, as boats stay in service for a long time. That said, the other points William made don't really have anything to do with hydrogen. The water comes out as vapor; not that it would really matter if it was liquid. The low need for fuel or range actually makes a better case for batteries.
@Pretzil43
@Pretzil43 2 жыл бұрын
Ironically, most jet ski and boat explosions are already caused by hydrogen gas.
@kenos911
@kenos911 2 жыл бұрын
@@akamesama what if you find a way to make the water into hydrogen? Couldn’t you theoretically make a virtually infinite range boat
@SuneOli4
@SuneOli4 3 жыл бұрын
You are criminally undersubbed... So glad I found this channel, your videos are great!
@erihitsuki
@erihitsuki 3 жыл бұрын
Your content is so GOOD!! Such an underrated channel!
@JelloTalks
@JelloTalks 3 жыл бұрын
Bro you earned a sub. I have no idea how you only have around 18k subscribers, your content is super interesting!
@mrrootytooty5797
@mrrootytooty5797 3 жыл бұрын
Yet another example, as if more were required, to run a fucking mile from any person whose sole stated life goal is to be really rich. That isnt a grindset. That's sociopathy.
@grylltheonion
@grylltheonion 2 жыл бұрын
That's not what sociopathy is.
@MrHandsomeferny
@MrHandsomeferny 3 жыл бұрын
Idk how I found your channel, but I’m glad I did. Keep up the good work champ!
@VinceVintage
@VinceVintage 3 жыл бұрын
Welcome aboard! We're making more vids soon like this!
@ThePhiphler
@ThePhiphler 2 жыл бұрын
This is the kind of hysterical waste of money that happens in a bubble. Nikola has burst but the bubble has not yet done the same.
@shawncooper463
@shawncooper463 Жыл бұрын
It’s funny watching the background clock. Half hour on the clock, 11min video footage. Just shows how much work and editing goes into a good video
@johnnychris97
@johnnychris97 3 жыл бұрын
I’m so happy to have found this gem of a channel. My new favorite channel. Subscribed and can’t wait to watch it grow! Keep up the awesome content Vince!!!
@VinceVintage
@VinceVintage 3 жыл бұрын
Thank you! Will do!
@federicorubionavarro3399
@federicorubionavarro3399 7 ай бұрын
These videos make me feel like Im wasting my life so much. Such remarkable people
@LowkeyFish
@LowkeyFish 3 жыл бұрын
almost done watching every vid of yours. super inspiring
@ThePandaSupreme
@ThePandaSupreme 7 ай бұрын
Just want to put out here I found your channel because of the wrong doings you had from that cockroach and I have been addicted to channel the whole day… you really tell super interesting stories and news I’ve never heard of and in a fun way… super respectful when you need to be a funny at times as well… keep it up man
@gurlumbgutsa5430
@gurlumbgutsa5430 3 жыл бұрын
Amazing video! Notifications are on, and i'm excited to see what's in store!
@VinceVintage
@VinceVintage 3 жыл бұрын
Much appreciated!
@infoscholar5221
@infoscholar5221 3 жыл бұрын
All it takes to have millions is a complete lack of morals or a conscience. Just look around. But then those pesky consequences finally catch up to you...I can't wait for thsi channel to really explode, you are putting out top quality content, VV.
@thehunterator520
@thehunterator520 3 жыл бұрын
I read the title as "The absolute failure of nokia monitors" and I was like when did nokia make computer monitors?
@DemonVido
@DemonVido 3 жыл бұрын
"Everything works, so it's prohibited to touch anything and see this for yourself" 😂
@CharlesVanNoland
@CharlesVanNoland 2 жыл бұрын
Anyone that's so creatively bankrupt that they name their EV company "Nikola" should be setting off alarms in everyone's heads. It's pathetically derivative.
@RipRLeeErmey
@RipRLeeErmey 2 жыл бұрын
@bruh At least the guy who started it was *actually named Ford.*
@rodracer4567
@rodracer4567 2 жыл бұрын
@bruh Ford got its name because *it's literally the founder's name: Henry Ford*
@tomlxyz
@tomlxyz 2 жыл бұрын
It's not lack of creativity but trying to associate it with the success of Tesla. But that's a red flag too of course. If you're actually good you don't need to bring up others. Like Holmes imitated Steve Jobs and the product turned out as fraud too
@CharlesVanNoland
@CharlesVanNoland 2 жыл бұрын
@@tomlxyz Right, it's creatively bankrupt. They can't create their own success, desperately trying to ride on Tesla's coattails. Red flags man! We're in agreement that the ideal course of action is to just make a good product/service that speaks for itself, then it doesn't matter wtf your company's name is. This is another sillyclown startup style venture that will crash and burn because the people involved don't know wtf they're doing. At least that's my take. Hopefully they make a great EV but it already isn't looking good just by their stupid name choice ripping off Tesla. Who does that who isn't a fool?
@stephantual
@stephantual 10 ай бұрын
The scariest part is all the engineers, media team, The dozens of people who set up the show, The hundreds who made the video, all knew from the beginning and are walking the streets free as ever.
@leonardoflorentin
@leonardoflorentin 2 жыл бұрын
This is the second biggest deception since my grandma bought me a Polystation.
@AlmighTsports
@AlmighTsports 3 жыл бұрын
Dude ur videos are amazing. Inspiration for me to build my own channel. You make what you have work and you use the best technology out there... the internet. Thats all you need.
@mrsteamie4196
@mrsteamie4196 2 жыл бұрын
I was so genuinely sad to hear that this was a scam -- I didn't have any money in it but when I heard supposed details about it I was so psyched. It sounded genuinely plausible, and with how much solar is possible in AZ I bet it would be without a conman at the helm.
@Winasaurus
@Winasaurus 2 жыл бұрын
If you think extremely cheap and fast charging batteries that rival gasoline is plausible, I have a bridge to sell you, you'd love it. Great waterfront view.
@christianloper9483
@christianloper9483 3 жыл бұрын
I've said it before and I'll say it again: you need more subscribers!
@Atrw_rs
@Atrw_rs Жыл бұрын
Updated Information: Trevor Milton has been sentenced to 4 years in prison + (1,000,000$ fine) + (3 years and 6 months controlled probation)
@Skullkidjynx
@Skullkidjynx 3 жыл бұрын
You have the unique ability to keep my attention on a subject I typically would not care about
@AbsentChronicles
@AbsentChronicles 3 жыл бұрын
This channel's gonna blow up. Thanks for the engaging vids and topic variety 🖤
@WowCreativeUsername
@WowCreativeUsername 5 ай бұрын
The fact that so many dumped money in without a single real in person view of it working is mindboggling.
@GodlessAnti
@GodlessAnti 3 жыл бұрын
You just gotta believe the truck is coming trust them bro
@togowack
@togowack 3 жыл бұрын
or check if they are already here... they are being shown and driven at events around the country
@blar2112
@blar2112 2 жыл бұрын
Tesla is doing the same: -autonomous taxi promised -trucks promised -teslabot promised delivered? none
@SultaN_RoyaL
@SultaN_RoyaL 2 жыл бұрын
Yeah but the cars, chargers and other stuff is there. They can promise whatever because they have delivered in the past.
@mathieuleader8601
@mathieuleader8601 3 жыл бұрын
well you could say Trev trucked up *BIG TIME*
@WobblesandBean
@WobblesandBean 3 жыл бұрын
Trevor really has an axle to grind.
@austinhuber3131
@austinhuber3131 2 жыл бұрын
I was also going to UVU at the same time this guy dropped out to start this company and became like a campus legend and I was immediately suspicious. Really? You named your electric car company after the same person as Tesla? And you came out of the gate with more and better technology than companies who'd been working at it for decades? My brother in law drank the coolaid and dropped thousands into that company.
@galaxyghost1340
@galaxyghost1340 Жыл бұрын
Honestly I’m becoming wary of the “drop out of school, to start a company” types. Obviously it has worked for some. But most of the time the people that do this seem impatient. You can’t wait a maximum of what 2 more years? How will you be able to sit through years of prototyping and development it takes to create an ‘innovative’ product. Same thing happened with Theranos, she dropped out after a year of her bachelor’s to create the blood testing machine. But it’s like wtf do you even know at that point? You’ve probably only taken your 101s at that point. If she had learned more, she would have realized that there isn’t a universe in which her device could work.
@forgotten_mixed_girl
@forgotten_mixed_girl 3 жыл бұрын
You're killing it on these videos. Any updates on the Steve Rocco stuff?
@VinceVintage
@VinceVintage 3 жыл бұрын
No updates yet! I’m taking Oki to the school district headquarters when he comes out for vidcon!
@forgotten_mixed_girl
@forgotten_mixed_girl 3 жыл бұрын
@@VinceVintage Nice! Hopefully you two will make more headway with that soon 😊
@HarrisAgency-m1x
@HarrisAgency-m1x Жыл бұрын
commenting on the business account but ah well, easily my new favourite KZbin channel
@SuperFrodo95
@SuperFrodo95 2 жыл бұрын
Yes. Those are definitely Nikola trucks going uphill, and not debadged Scania trucks with liveries slapped on.
@danieldouglas3083
@danieldouglas3083 3 жыл бұрын
I’m glad KZbin starting recommending me your videos
@tetchuma
@tetchuma 3 жыл бұрын
“This is not a pusher.” - The liar doth protest too much…
@alt404s
@alt404s 3 жыл бұрын
Thanks for making this channel dude. Came in clutch. You're going places please keep it up
@loganmannke9023
@loganmannke9023 3 жыл бұрын
Great video bro keep up the great work
@VinceVintage
@VinceVintage 3 жыл бұрын
Thank you Logan appreciate it man
@loganmannke9023
@loganmannke9023 3 жыл бұрын
@@VinceVintage love your takes and personality. My honest opinion is you're unique in the way you bring comedy into your narration, its not forced tho. You're just you, and unfortunately not alot of those people left in this world let alone content creators. Keep plugging and you're gonna blow up. I heard of you from Barely sociable. I cant think of a better person to get street cred from lmao. Keep the hits rollin homie.
@VinceVintage
@VinceVintage 3 жыл бұрын
@@loganmannke9023 Dude that means so much Logan! I appreciate the kind words man! Barely sociable is the best, he's helped me out so much with the channel. We're gonna keep grinding man and start streaming too! Im glad you liked it dude, those words mean alot
@thegravitx
@thegravitx 2 жыл бұрын
You’ll never see my comment but I just wanted to thank you for choosing a Grand Turismo 4 music as your background music. It’s the one from the main menu. Brought me back memories.
@stocktonnash
@stocktonnash 10 ай бұрын
Update: Trevor Milton was sentenced to 4 years in prison.
@candyshop84106
@candyshop84106 3 жыл бұрын
Amazing...Just found you Vince..You are way undervalued.. Your a serious talent.
@crtmojo2705
@crtmojo2705 2 жыл бұрын
He sold hundreds of millions of dollars of stock while waiting for trial. Now he and his lawyer are asking for time served.
@MoneyBagMotives
@MoneyBagMotives 8 ай бұрын
“Leave the world better than we found it” *has never seen a cobalt mine*
@crittersinblankets
@crittersinblankets 2 жыл бұрын
It's amazing the technological advancements that can be made when you straight up lie about them
@TFLN
@TFLN 2 жыл бұрын
You have serious skills, Vince! Keep ‘em coming please!!
@mcoteish
@mcoteish 3 жыл бұрын
I feel like I'm getting in on the ground level of this channel
@The_CrackedPot_Christian
@The_CrackedPot_Christian 2 жыл бұрын
"It's not a pusher, believe me, I've tried to, it didn't budge an inch."
@The_T_Gamer
@The_T_Gamer 2 жыл бұрын
I mean he was right, zero emissions, zero fuel consumption, zero trucks
@a_pullin
@a_pullin 2 жыл бұрын
lol, a startup founder putting their buddies into critical roles and then turn into flaming jokes because of it is the STANDARD way it is done. Stories abound. I believe the Juicero "Lead Designer" was a motorcycle mechanic. Several of the C-suite at Lily Drones (you HAVE to profile them, btw) was just the founder's friends, and had unrelated degrees and no experience. On and on. Hey, the joke's on us. Holmes was considered a Jobs-level visionary, lived like a billionaire, and has never spent a day in jail.
@alexhalbleib2398
@alexhalbleib2398 2 жыл бұрын
The best part is he is allowed to use all the money he made scamming people to pay for his legal defense against scamming people.
@nobodycares4321
@nobodycares4321 3 жыл бұрын
What happens if by some chance the company were to make all those promises a reality before his final day in court? I mean it's not gonna happen but I'm curious as to what if
@nobodycares4321
@nobodycares4321 2 жыл бұрын
@@Madamoizillion ah fair enough that makes sense. I was just curious lol
@halakproductions
@halakproductions 2 жыл бұрын
watched 5 of your videos!! I DECIDED TO SUBSCRIBE!! bro... your info and presentation is 100!!
@zerothcore3220
@zerothcore3220 3 жыл бұрын
4:45 This dude said he has 3.5MW of solar on the roof generating 18MW of energy a day. This is not mathematics
@VinceVintage
@VinceVintage 3 жыл бұрын
I thought solar panels were calculated by the watts per an hour? if not damn that a big yikes ! Good catch!
@BrosBrothersLP
@BrosBrothersLP 3 жыл бұрын
@@VinceVintage no its watts times hour actually.
@VinceVintage
@VinceVintage 3 жыл бұрын
@@BrosBrothersLP So the calculaton Trevor did was wrong? Like @zerothcore pointed out?
@MisterMosfet
@MisterMosfet 3 жыл бұрын
Electrician here, power systems are measured in watt hours (watts produced or used an hour). So if its a 3.5MW/H array then yeah 18MW a day sounds about right.
@BrosBrothersLP
@BrosBrothersLP 3 жыл бұрын
@@MisterMosfet sorry you literally contradict yourself. Yes its watt hours but not watts you use per hour. You cant use watts a watt is not an amount of energy its power.
@FizzleFX
@FizzleFX 2 жыл бұрын
8:40 a *GRAVITY ENGINE!!!* wooooh - get ready to FLY above those Solar Freaking Roadways!!
@zacharyhenderson2902
@zacharyhenderson2902 3 жыл бұрын
This is the biggest automotive scam in history.
@stealdst
@stealdst 3 жыл бұрын
The pics of Carrot top and big Ed when you said “d list celebs” had me dying, I had to sub
@kevinagg61
@kevinagg61 2 жыл бұрын
Love how billionairs took inventor Nikola Tesla's name and fully capitalized it and made billions. When Nikola Tesla himself died alone and poor, with everyone else stealing credit and money from his inventions.
@joelroac
@joelroac 7 ай бұрын
I creado le how you tied in the retreat with the eclipse footage. Happy to have met you and gone on that trip brother
@buzz86us2005
@buzz86us2005 2 жыл бұрын
I remember this going through, and i sincerely thought he was going to pull it off since he had two companies that actually produce what he claimed investing in him, and sharing technology
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