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Trevor Milton Is Back

Wall Street Millennial | February 5, 2026



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More than 4 years after Nikola was exposed as a fraud, its founder and former CEO Trevor Milton has returned to social media where he is not trying to defend himself.

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#wallstreetmillennial #nikola #hydrogen

0:00 – 4:20 Trevor Milton Is Back
4:21 – 6:56 Nikola Still Exists
6:57 – 10:30 Pivot to Hydrogen
10:31 The Stock That Won’t Die

Written by Wall Street Millennial

Comments

This post currently has 39 comments.

  1. @redskinStu

    February 5, 2026 at 11:38 pm

    I obviously don't belong in the business world as I have no idea how companies like Theranos, Nikola, Twitter etc. can both be hugely valued, grow and continue to exist yet make no money or regularly lose money. Back in the 80s and 90s those companies would go bankrupt and close down. For good.

  2. @speeddemon5339

    February 5, 2026 at 11:38 pm

    Here after Trump the Dump pardoned Trevor Milton after Trevor donated over 1 million dollars and with how his attorney or lawyer (i’m not sure) Is Pam bondi’s brother.

  3. @isaaclatterell1364

    February 5, 2026 at 11:38 pm

    “Because they make a gross loss on every truck they sell, if they ramp up production, they’ll just lose even more money”. This is false. Early runs of vehicles are often unprofitable, even on a gross margin basis. Larger purchases of components (less input costs) and streamlining of production lines (less labor) and innovation can change the gross margin equation. Tesla cybertrucks were not profitable on a gross margin basis when they started production either

  4. @iranazadi7

    February 5, 2026 at 11:38 pm

    So people who write articles critical of Israel are having their lives destroyed, but Donald Trump is letting scammers that steal millions of dollars. Wow . I have no doubt trevor paid Trump money.

  5. @AC-ge2tr

    February 5, 2026 at 11:38 pm

    I remember being interested in this company when it went public because it sounded appealing. However, I got my rules for investing and so, I didn’t. I am glad I have, I might miss some highflyers but I’ve also never had a company in my portfolio that came even close to such a thing, not even a bigger scandal since I started investing more than 10 years ago. Demonstrates the effectiveness of clear rules and sticking to those while also listening to one’s gut feeling. It just didn’t feel right. While i couldn’t specify what might be wrong it just felt weird to potentially invest in them

  6. @m1procter

    February 5, 2026 at 11:38 pm

    The Nikola Truck actually did work using technology acquired from suppliers.

    The main issue is that profitability was dependent on Nikola producing its own fuel, not buying it and achieving economies of scale.

    That was in turn dependent on their supplier Nel Hydrogen for the equipment and acquiring low price electricity contracts.

    Nikola didn’t have enough capital to fund the hydrogen production and had to sell that critical part of the business.

  7. @DEPARTMENTOFREDUNDANCYDEPT

    February 5, 2026 at 11:38 pm

    Why NOT? Con artists are now in charge of the White House, so it is time for all fraudsters and con men to return and engage in new crimes, since the con artist of the century, Donald Trump, is unlikely to enforce any laws which could be used to convict fraudsters like him of financial crimes.

  8. @vladalucardtepes

    February 5, 2026 at 11:38 pm

    This weasel is online trying to “debunk”because he’s brewing his new scam. He stole billions and is out in 4 years to scam again. Our justice system fails yet again. can’t believe he’s out of prison.

Comments are closed.




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