Nikola's Trevor Milton Faces New Fraud Charge Related To Purchase Of A Utah Ranch Using Stock

This is a funny story. I can imagine the owners of International, Kenworth,
Freighliner and Peterbilt trucks laughing about their need to roll a truck
down hill for a demonstration.
 
That's hilarious. This guy knew he had a limited amount of time to capitalize on his scam and he went all out, even getting billion dollar companies to invest in his crap.
 

Old School Big Corporations in the US are looking so very sad, desperate, weak, poorly run...end of a once great nation that slowly off-shored ALL of their Technology, Manufacturing, Innovation, IT, Materials and Supply chains and now wonder why they are in the position they are right now. Milton just saw very weak, low hanging fruit and picked it clean.

This story really should be about GM. Most retail bought Nikolas after seeing the GM position.
 
Last edited:
Pricechange said:

Old School Big Corporations in the US are looking so very sad, desperate, weak, poorly run...end of a once great nation that slowly off-shored ALL of their Technology, Manufacturing, Innovation, IT, Materials and Supply chains and now wonder why they are in the position they are right now. Milton just saw very weak, low hanging fruit and picked it clean.

This story really should be about GM. Most retail bought Nikolas after seeing the GM position.
More...

Gm is out no money. They got an 11percebt stake for offering manufacturing services (which they will likely never have to deliver on)
 
Bear market hasn't been kind to GM and F. Although could be the supply constraints, especially chip shortage. Can't make money if you have no product (or a lot less) to sell.
 
You must log in or register to reply here.
Back
Top