Latest / Money, Trust and Deception
The Truck Was Moving. The Technology Wasn't.
Nikola Corporation promised to revolutionize heavy transportation with electric and hydrogen powered trucks. Its founder, Trevor Milton, became the public face of a company that investors believed could challenge the established automotive industry.
But one of Nikola's most memorable demonstrations contained a remarkable deception.
The truck in the video appeared to drive along a road under its own power. In reality, it had been towed uphill and allowed to roll downhill.
And that was only part of the problem.
This episode explores how a compelling technology narrative became a multibillion…
The skinny
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