GM's $2,000,000,000 Disaster

  Shikime 1,591,679

Donut Media

19 ditë më parë

Thanks to Omaze for sponsoring today's episode! You could win a 2020 Audi RS Q8 and $20,000 cash through Omaze! ENTER:
GM shocked the industry when they partnered with EV startup Nikola to make an electric truck. But nobody expected the controversy that would follow. Is GM making a huge mistake? Is Nikola a scam company? Will the Badger be a total fail? Nolan does a deep dive on allegations of fraud, scandalous lawsuits, and all the controversy surrounding the deal.
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Siddharth Krishnan
Siddharth Krishnan 59 minuta më parë
Gm did invent the modern EV tho
Justin Holmes
Justin Holmes Orë më parë
You can break a lot of laws and get away with it.... But you burn up investor money and you going to the clink. Rich investors do not like being cheated
JB 2 orë më parë
They have a electric semi. Its 10,000 pounds heavier than a regular truck. They are making lighter tractors for unloading ships too
David 3 orë më parë
Milton. Levels of Hell. Nice dude.
Caleb Fineran
Caleb Fineran 3 orë më parë
13:27 - y’all took 30 degrees out of the pie chart, instead of 30% haha, not criticizing just found it funny 😂
D R 3 orë më parë
GM's CEO is a Globull Warming true believer. It is a really, really bad idea to make such a person head of a car company. It made this story possible.
Hamza Islam
Hamza Islam 4 orë më parë
Common gm go work with Honda
GroceryGetter 5 orë më parë
Rolled down the hill The G on the stick stands for Gravity Drive
JScubes 5 orë më parë
Ummm. Rolling down a hill IS technically zero emission.
Trevor Fletcher
Trevor Fletcher 7 orë më parë
(NERO FIDDLED WHILE ROME BURNED) Nero was the Emperor of Rome. This is exactly what Donald Trump is doing. Partying while Americans dies from Covid 19. ( DONALD NERO TRUMP.)
Leo Gonzalez
Leo Gonzalez 7 orë më parë
Sounds like a scam from the other half of the Name Tesla! Musk is also a PT Barnum the valuation of Tesla as of today is based that it will have 100% percent of the market by 2030! Are investors fn stupid?? The only reason Tesla has made any money is due to deep discounts and government incentives their battery tech is fading fast and competition is ranping up! Besides thr whiye elephant of its unsustainable business model and how impractical and limiting current battery technology is! And where exactly are these gigawatts of energy going to come from?? Lol
Marc Visconte
Marc Visconte 9 orë më parë
They need to hire Hunter Biden. He has no experience either, but he brings a lot of influence to the table.
jayjaylenchase75 10 orë më parë
2:05 that's the dumbest thing I've heard...GM basically started it with the EV-1 and shot their OWN damn selves in the foot by taking it away and destroying them all in order not to upset Big Oil.😒
jroar123 11 orë më parë
There is a electric truck already. It’s called a diesel electric locomotive.
dolita windo
dolita windo 12 orë më parë
Imagine Elon watching this. He's like, nice try.
Kurt Lengel
Kurt Lengel 14 orë më parë
Back out? Naw. They can shadow-claim this company, bury it, restructure, rebrand, and roll it out as something new, as long as the company actually has something worth producing. If the tech is actually there, they've got an in that they can absorb easily.
M McBride
M McBride 15 orë më parë
Now that GM has pulled out of the deal -- other than a deal to supply Nikola with fuel cell stacks, this video is moot.
J F 15 orë më parë
Everyone who knew anything, knew that GM was acting out of desperation when trying to get Nikolas name brand on something they make. Everybody who knew even a microcosm of the going ons at Nikola, was making fun of the badger, and the semi, and calling out how ridiculous Trevor milton was. Nikola was never legitimate, ever. You were stupid, STUPID if you ever thought Nikola was going to be anything more than just garbage. Just the fact that Milton went to UVU, that alone was enough to show he was not worthy of what he was trying to become. His constant failures and former scams. Nikola was never even a car manufacturer, it was ALWAYS intended to be a, exit scam with vaporware. You are retarded for even covering this.
corey horner
corey horner 17 orë më parë
I don't think ev semis are going to be a thing for another 20 years... maybe 10 if they push hard hybrid would be the best option.
g.sonamb 17 orë më parë
Nikola? Nikola.... What a name
scottyflintstone 19 orë më parë
i was thinking just today about buying some puts
Mole Man
Mole Man 19 orë më parë
Ummm 2 weeks later ... it’s over
Marcus Sarcia
Marcus Sarcia 21 orë më parë
Nikola and Tesla hahahahhaha
Surreal Engineering
Surreal Engineering 21 orë më parë
The "sexual assault" stuff is just crazy. I mean i've been accused of many things who were later found out to be untrue. If it's true, shame on him. If not, shame on everyone who preomoted that "lie". I mean you can just accuse anyone who is in a bad light (rightfully or not) of rape or sexual assualt and you can destroy that man's life. It's sick. "Innocent until proofen guilty" is a mighty concept. We need freedom of speech. but Ffs, have some decency!
J H 21 orë më parë
Isn't this more of a failure on GM? They don't do due diligence on their deals?
alan meng
alan meng 23 orë më parë
They put the Nickola truck on a hill and let it roll off. Then, they reverse the footage.
Esteban Henriquez
Esteban Henriquez 23 orë më parë
The amount of embarrassment I feel for Nikola is ridiculous. My gosh, talk about a dumpster fire... 🤦🏽‍♂️😅
Patrick U
Patrick U 23 orë më parë
Gm knows it's bad decisions will get bailouts again when Trump is out of office
Jim Pettit
Jim Pettit Ditë më parë
Mary Barra and the rest of her minions are complete idiots. My brother worked at the lordstown plant for 23 years before she and the share holders decided to shutter it to send the blazer to Mexico instead of re-tooling the plant like they did so many times before. Had to pick up his family and move to Kentucky to keep his job at GM
IanCaine4728 Ditë më parë
GM is a dinosaur, I bet they're staying in as some kind of sunk cost fallacy.
Bryan Michael
Bryan Michael Ditë më parë
Now if only we could get the DOJ to investigate the election, I suppose they investigated this b/c banks lost money haha
Ian Barber
Ian Barber Ditë më parë
So,the Henry brand isn't a thing?
mips Ditë më parë
Murica, the land of spinning bullshit...
Ricardo Hernandez
Ricardo Hernandez Ditë më parë
I like your show but this is wrong and a bunch of hate. Yeah maybe the truck was not functional but you have to admit he's got good gm back up and signed deal so definitely something good is coming out this whatever he's doing. As far as the sexual assault I dont believe in it , it is clear that you don't understand how woman operate when gold shines. A woman very well knows not to be alone with a man thats not her man unless she's aiming at something. Don't be a fool the man is innocent until proven guilty. As far as his project it all seems that is continuing its course.
Ian Anderson
Ian Anderson Ditë më parë
From an Aussie in Qld . Well done . Pretty well balanced and informative . Incredible how big the spiv scene is in the electric vehicle market in US.
Offroad Treks
Offroad Treks Ditë më parë
That company soley exists so people could have something else to put their money into to pretend like they're at the ground level of the next Tesla.
Plane Reality
Plane Reality Ditë më parë
They always have to throw that 33 in the mix. Its like a gang tag lmao.
Harry Vanhoo
Harry Vanhoo Ditë më parë
The HOLE thing smells like a SNIFF and SNORT kind of show.
Leslie Craig
Leslie Craig Ditë më parë
GM will just get another bailout from democrats if did cost them anything.
Nick H
Nick H Ditë më parë
Ever get the feeling that people running things in 2020 are f'n clueless. Example: GM management doubles down on publicly bad investment. But draw the line at alleged sexual harrassment. Whatever. Why would anyone invest in GM?
mikea hiooi
mikea hiooi Ditë më parë
w2ow this is so corrupt i bet biben has shares
Screw The Net
Screw The Net Ditë më parë
* le gasp * a wealthy person building their empire upon lies upon lies!? MADNESS!!!!
mikea hiooi
mikea hiooi Ditë më parë
Who cares? Any failures by GM will get paid for by a taxpayer bailout, because, "too big to fail"
Benji Byte
Benji Byte Ditë më parë
Wow.. an interesting credible & convincing reporting.. gm would have filed lawsuits if other wise 😅 Keep up the good work guys!!
Trevor Bressman
Trevor Bressman Ditë më parë
Someone better tell the diesel brother smfh
rob1248996 Ditë më parë
The title should be changed to "GM's Latest $2,000,000,000 Disaster".
Dewayne Miguel
Dewayne Miguel Ditë më parë
Are they related to the Bidens?lol
max bottaro
max bottaro Ditë më parë
No one is talking about the name. Its a blatant tesla ripoff. Thanks for bringing up. Im done with these clowns right there
"It's like naming a company, Henry! " I love it! 😂😂😂😂
John Booth
John Booth Ditë më parë
My own summer
Jean Michel Tche
Jean Michel Tche Ditë më parë
why would someone not name is company Nikola ? someone took Tesla right ? so whats the problem here ? what did Musk knew about electric cars before starting making them ? So you have what credibility here ? GM cant design there own Etrucks? GM had the first electric car in 80' and they were great but GM scrapped the whole project cuz they did not want to risk investing share holders money and becose of the japanee lobbying putting big pressure on President Carter. Btw Preston Tucker did the same thing in the 40' with a revolutionary car he builted 50 units but was crushed down bye GM , Ford and US gov
Scotsman282 Ditë më parë
and that ladies and gentlemen is called plausible deniability by GM
Vyper Ditë më parë
So GM kills Holden in Australia, even tho they were still selling, yet endorses this thieving clown?
Rick Hunter
Rick Hunter Ditë më parë
GM lost no money 99% of people will not know shit about it
Ron Nothrop
Ron Nothrop 2 ditë më parë
Ha ha hey Elon I like you but next time I'm in northern Quebec and it's 38 below celsius can you at least make my lithium drill battery work properly before you tell me I'm gonna be hauling lumber with an ev
moochincrawdad 2 ditë më parë
GM are NOT late to the EV game, they started it off and KILLED IT by deliberately shelving their main product for the Hummer!
miko foin
miko foin 2 ditë më parë
Did he just say "Hearse power?" I'm dying to know...
David Desrosiers
David Desrosiers 2 ditë më parë
Who cares? Any failures by GM will get paid for by a taxpayer bailout, because, "too big to fail"
david kettell
david kettell 2 ditë më parë
w2ow this is so corrupt i bet biben has shares
miko foin
miko foin 2 ditë më parë
trucking company it is, nobody can absorb a $500,000 expense per truck
david kettell
david kettell 2 ditë më parë
when you let a woman run your company what else can you expect.For a woman to move up through the ranks at gm she has to sleep with every boss that she gets.been there seen it.
John Munro
John Munro 2 ditë më parë
It's Theranos all over again.
Anthony Mazziotti
Anthony Mazziotti 2 ditë më parë
tbugher62 2 ditë më parë
Another FOOL and his overpriced junk German made car.
J Stowe
J Stowe 2 ditë më parë
Sounds like the fyre festival of the car industry
Jacmac 2 ditë më parë
The problem with the criticism here is that it doesn't show whether or not there is anything to Nikola as a viable company, or if they do potentially have a product design that will be able to compete. If everything Nikola has is actually vaporware and there is nothing to the company, then the valuation will collapse. But a bad founder doesn't necessarily mean that the entire company is an empty suit.
Daniel Cardona
Daniel Cardona 2 ditë më parë
The answer: Mark of excellence (old gm slogan)
armaximogen 2 ditë më parë
Exactly, GM must have perform some kind of background check on them. Which means they know! Everything! They are practically buying a company that fulfill a certain financial condition, of which i don’t know, cheap. Well, that’s my unlearned opinion at least.
Anissyah Romi
Anissyah Romi 2 ditë më parë
Who would have tought jumping into a company with not even a single working prototype would be a great idea
Hasan Foyejul
Hasan Foyejul 2 ditë më parë
ধন্যবাদ... thanks
TC Wong
TC Wong 2 ditë më parë
Big shoutout to Donut Media 🍩🍩🍩🍩
Javqui 2 ditë më parë
I'm not sure what is your background or your channel content (this is the first time that I watch a video from you). I'm impress with the quality of your video and precise research to produce an excellent summary about the Nikola situation. Congrats.
Emanuel Brister
Emanuel Brister 2 ditë më parë
Only a white boy can pull something like that off.
amazing i actually have an elizabeth holmes doll, i sell them if anyone wants one :) moller, elon, nasa, royals, putin, usa govt, china -- all frauds, though moller & elon have more clout too and genuine ingenuity, but for the rest there is an ounce of truth that pops up somewhere, though maybe not from them themselves but outliers. the nikola name/concept is catchy and actually spot on, that is why it still endures -- it is more plausible than flying cars, spaceships, or workable governments. i created my own e-car these past few years, nearly done -- it's the same foundation as all cars -- a bike, technically 2 bikes put together, but mine is more like keeping of the 4 wheels but arranged different -- a bike with a 2 wheel puller/holder for the battery, solar panel, etc.
The Ball
The Ball 2 ditë më parë
How tall is this guy? He makes cars look huge
Chris Wiggins
Chris Wiggins 2 ditë më parë
Ok let's pretend that these type OTR trucks can be available. Does anybody not realize that the cost of stuff at your local grocery store is going to have to go up. I don't care what trucking company it is, nobody can absorb a $500,000 expense per truck
Hill Billy
Hill Billy 2 ditë më parë
Show's what's possible with imagination, big balls and powerpoint skills.
Simon Broadley
Simon Broadley 2 ditë më parë
Why does the t-shirt have man boobs?
kim anh
kim anh 2 ditë më parë
GM committing mistakes? Why, I've never seen such a thing.
Career Use
Career Use 2 ditë më parë
This aged well.
Pablo Carvalho
Pablo Carvalho 2 ditë më parë
The Bud deal man!
Cavalry Scout.
Cavalry Scout. 2 ditë më parë
If it's too good to be true....
Christian Pastrano
Christian Pastrano 2 ditë më parë
6:11 10:51 damn that caught me off-guard lmao 😂🤣
Charles Hazen
Charles Hazen 2 ditë më parë
first time i ever heard of nikola i knew it was bs
Izzy Leyhe
Izzy Leyhe 2 ditë më parë
Trevor is the Justin Hammer to Musk's Stark. What a joke.
Nik Saunders
Nik Saunders 2 ditë më parë
Except, you know, musk isn't stark.
newtonbrook 2 ditë më parë
GM is out. Stock tanked.
Yvette Veres
Yvette Veres 2 ditë më parë
GM not late They betrayed us Never forget GM's EV1
Lucas Walters
Lucas Walters 3 ditë më parë
I think holding on to the deal is a pretty good idea from a business standpoint. GM can't rework their existing infrastructure; they're too established. Taking a stake in a brand new startup, or even possibly acquiring one (i.e. Nikola) is a MUCH lower barrier of entry to the emerging EV industry for a brand as established and old as GM
John Doe
John Doe 3 ditë më parë
God, electric trucks. Just stop with this nonsense! They would weigh far too much, and not have the range for long haul operations. Electric trucks are a crap PR move that you would have to be a fool (or inexperienced) to fall for.
Ross Outdoors
Ross Outdoors 3 ditë më parë
late to the electric game? more like dropped out of it
Speedytrip 3 ditë më parë
1k NKLA investors gave this video the thumbs down.
Jon Leszczynski
Jon Leszczynski 3 ditë më parë
Let's not forget that GM had the EV-1.
Shawn K Dooley
Shawn K Dooley 3 ditë më parë
K C 3 ditë më parë
Knew there was a reason I never bought GM or drank Bud And I will most likely never buy an EV.
Your View
Your View 3 ditë më parë
2:11 why are you showing two teslas as part of the EV game?
JaBoiMason 3 ditë më parë
GM pry just gonna drop the badger as a restyled hummer ev under Chevy
Jay P
Jay P 3 ditë më parë
What was his cousin's bare breasts doing at a funeral?
Chon Dominguez
Chon Dominguez 3 ditë më parë
Stock crashed 14% today. Good short sell.
O G 3 ditë më parë
any wonder why this company is in so much trouble and needed a gov bail out.
Commander3n1 3 ditë më parë
Annnndddddddd GM just pulled out of the deal lmao
Sir Jhonson
Sir Jhonson 3 ditë më parë
Tesla sucks . The only guy able to rebuild a Tesla was hired by Tesla and was not allowed to work on his own.
DeftonesFan867 3 ditë më parë
Thankfully they pulled out and won't be investing in nikola or building the truck anymore.
BabyAidsGaming 3 ditë më parë
GM could honestly take control of the company.
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