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Nikola Truck Fraud Trevor Milton Indicted (EXCLUSIVE CONTENT INSIDE) + Top Paying Loads in Trucking — Transcript

by AFT Dispatch · 2,362 words · 409 segments · language en · Watch on YouTube

Full transcript

  1. 0:00[Applause]
  2. 0:01[Music]
  3. 0:12hi guys this is vitaly with aft dispatch
  4. 0:14in a2c logistics and in today's video
  5. 0:16i'd like to speak with you about the
  6. 0:17indictment of mr trevor
  7. 0:19milton the founder of nikola motor
  8. 0:21company now before we get started i'd
  9. 0:22like to ask you to please
  10. 0:24like the video be sure you subscribe to
  11. 0:25our channel and hit the notification
  12. 0:27bell so you never miss a single release
  13. 0:28of our videos
  14. 0:29where every friday we're talking about
  15. 0:31something that could benefit you in your
  16. 0:32trucking businesses
  17. 0:33in your trucking careers as well as
  18. 0:35cover the loads we've successfully
  19. 0:36booked for our customers consisting of
  20. 0:38lease time owner operators and carriers
  21. 0:40operating under their own mc authorities
  22. 0:42running under our truck dispatch
  23. 0:43services
  24. 0:44as always guys big big thank you for all
  25. 0:46the likes you've provided and all the
  26. 0:47previous videos
  27. 0:48please do keep them coming and let's
  28. 0:50talk about mr trevor milton the founder
  29. 0:52of nicola corp
  30. 0:53now those of you who followed our
  31. 0:54channel for some time might remember a
  32. 0:55video we produced several months ago a
  33. 0:58very popular video covering the
  34. 0:59autonomous trucking
  35. 1:01as well as the effects that this would
  36. 1:03have on the trucking industry moving
  37. 1:04forward
  38. 1:05if you haven't seen that video i'll
  39. 1:06leave a little card up here in the
  40. 1:07corner it's a must-watch it'll give you
  41. 1:09really good context about what this
  42. 1:11video is going to be
  43. 1:12about today now we must go back about
  44. 1:14four and a half years to december of
  45. 1:162016
  46. 1:17where i was very lucky to be invited to
  47. 1:18the global unveiling event
  48. 1:20of the nikola one hydrogen hydrogen
  49. 1:22electric
  50. 1:23uh prototype truck that they were
  51. 1:25presenting to the world to see for the
  52. 1:26very first time here in salt lake city
  53. 1:28this was a major event with some of the
  54. 1:30brightest minds in the industry
  55. 1:32some of the biggest names have flew in
  56. 1:33from all over the world
  57. 1:35news coverage from every corner the utah
  58. 1:38governor
  59. 1:38had actually attended the event and made
  60. 1:40a brief speech i got to meet
  61. 1:42trevor milton himself shake his hand
  62. 1:44have a quick conversation as well as
  63. 1:46take some photos we even got to get
  64. 1:48inside the truck itself and make some
  65. 1:50exclusive video content
  66. 1:51it's a two minute video i'll leave a
  67. 1:52little card up here for you to watch
  68. 1:54it's a really cool video i definitely
  69. 1:56recommend watching it
  70. 1:57we got inside the truck you could see
  71. 1:58that you know the condo
  72. 2:00the cabin the cockpit all the
  73. 2:02electronics and everything inside the
  74. 2:03truck
  75. 2:04very very quickly definitely don't miss
  76. 2:06that video but we move forward four and
  77. 2:08a half years
  78. 2:09and mr trevor milton is being indicted
  79. 2:11and charged with
  80. 2:13uh misleading investors you know the
  81. 2:15indictment was actually unsealed
  82. 2:17today july 29 2021 in the manhattan
  83. 2:20federal courts in new york city
  84. 2:22with false claims about the vehicles and
  85. 2:25uh
  86. 2:26duping of investors now mr milton was
  87. 2:29charged with
  88. 2:30two counts of securities fraud and one
  89. 2:32count of wire fraud
  90. 2:34uh two very major uh allegations
  91. 2:37against the person now he is out on bail
  92. 2:40at a 100 million dollar
  93. 2:41bail funded by his personal properties
  94. 2:44yet the manhattan
  95. 2:45u.s attorney audrey strauss actually
  96. 2:47said that mr milne repeatedly
  97. 2:49use social media appearances interviews
  98. 2:52on television
  99. 2:53podcasts and print to make false and
  100. 2:56misleading
  101. 2:57claims about the status of the trucks
  102. 2:59and the technologies they were
  103. 3:00presenting
  104. 3:01now there is video out there mr uh
  105. 3:03trevor milton
  106. 3:04actually claiming that they have fully
  107. 3:06functioning nikola one prototypes
  108. 3:08which could not be further from the
  109. 3:10truth i've seen the trucks myself they
  110. 3:11were inoperable
  111. 3:13they were missing gears they were
  112. 3:14missing motors and
  113. 3:16the truck uh was not one that you could
  114. 3:19drive down the road in fact they have
  115. 3:20videos of the truck driving down the
  116. 3:22road but it's
  117. 3:22later turned out to be they was actually
  118. 3:24rolling down a hill
  119. 3:25and that's how they got that footage
  120. 3:27furthermore they have footage of the
  121. 3:29vehicle actually driving
  122. 3:31but and although it said on the side of
  123. 3:32the truck they had a stencil saying that
  124. 3:34it's a
  125. 3:35hydrogen electric vehicle the truck was
  126. 3:37actually operated using
  127. 3:38uh natural gas they had multiple
  128. 3:41different uh
  129. 3:42kind of uh gaffs out there with hydrogen
  130. 3:45electric vehicle
  131. 3:46uh being presented as something that it
  132. 3:48is not they had
  133. 3:49issues with the badger pickup truck
  134. 3:52which i'll leave
  135. 3:53photos of that and along with some of
  136. 3:56the other photos from the event
  137. 3:57that was you know definitely a site to
  138. 3:59be seen they also talked about hydrogen
  139. 4:02being produced by nicola
  140. 4:04at reduced costs well the truth is that
  141. 4:06they weren't producing any sort of
  142. 4:07hydrogen
  143. 4:08any cost whatsoever they talked about
  144. 4:10producing batteries and other
  145. 4:12parts and components of the truck yet
  146. 4:14they were purchasing them from
  147. 4:15third-party vendors
  148. 4:17furthermore they did the biggest no-no
  149. 4:20in the
  150. 4:20accounting world in the business world
  151. 4:22where they actually counted 100
  152. 4:24counsable pre-orders as part of revenue
  153. 4:26a very very big
  154. 4:28no-no in the securities and exchange
  155. 4:30commission as well as the doj
  156. 4:32a big no now mr milton actually has no
  157. 4:36formal background in engineering
  158. 4:37and the the stock was actually worth
  159. 4:39that 1.8 and a half billion dollars
  160. 4:41which blew out uh
  161. 4:43blew out of the water some of the
  162. 4:44biggest names in the automotive industry
  163. 4:46and uh currently the stock is plummeted
  164. 4:48to uh right around
  165. 4:5012 a share i was actually offered the
  166. 4:52stock at
  167. 4:53pre-ipo pricing which would have been
  168. 4:56such a wonderful thing i did not take
  169. 4:58advantage of it but it turned out to be
  170. 4:59a great thing that i didn't buy any
  171. 5:01shares because now i would have lost
  172. 5:03all a ton a ton of money now i'd love to
  173. 5:06hear your thoughts about this
  174. 5:07and where this case is going to go where
  175. 5:10future cases like this are going to go
  176. 5:12where autonomous trucking is going to go
  177. 5:13and how this is going to affect the
  178. 5:15industry
  179. 5:15moving forward what your thoughts about
  180. 5:17that now i'm going to switch over to
  181. 5:19camera we're going to look over the
  182. 5:20loads that we booked for our customers
  183. 5:21and if you haven't liked the video
  184. 5:23please hit that like button for us
  185. 5:24and i'll see you guys in just a moment
  186. 5:27welcome back guys let's take a look at
  187. 5:28some of these loads some really good
  188. 5:29stuff to report on
  189. 5:30going to start off with the drive and
  190. 5:31coming out of san diego california going
  191. 5:33to meridian mississippi
  192. 5:3536 000 pound load of office supplies
  193. 5:37eighteen hundred and fifty miles
  194. 5:39booked at seventy two hundred dollars
  195. 5:41got him 389 per mile
  196. 5:42on lots and lots of miles then salesian
  197. 5:45alabama to brazilton georgia
  198. 5:46has a very light load four thousand
  199. 5:48pound uh load of home goods and
  200. 5:50furniture
  201. 5:51290 miles short run sixteen hundred and
  202. 5:54fifty dollars booked
  203. 5:56got them five sixty nine per mile they
  204. 5:58finished off with grove town georgia
  205. 6:00when a one pick three dropper
  206. 6:02drops in mooresville indiana maneer
  207. 6:04illinois
  208. 6:05and galesburg illinois this guy this is
  209. 6:07a 14 000 pound load of tractor parts 860
  210. 6:10miles booked at 3 000
  211. 6:12even got them 349 per mile they finished
  212. 6:15off
  213. 6:15really strong running friday to friday
  214. 6:17ended up grossing
  215. 6:18thousand eight hundred and fifty dollars
  216. 6:21booked at 395 per loaded mile on their 3
  217. 6:24000 miles
  218. 6:25i mean very well done almost twelve
  219. 6:27thousand dollars in a dry van running
  220. 6:28just three loads in a week
  221. 6:30very very well done next we have a
  222. 6:32reefer coming out of osceola iowa going
  223. 6:34to memphis tennessee 39 000 pound load
  224. 6:36of
  225. 6:36frozen foods 593 miles booked at 3 100
  226. 6:40got him 523 a mile then jonesboro
  227. 6:43arkansas to woodburn indiana
  228. 6:4443 000 pound load of frozen nestle
  229. 6:47products this is a nestle unesco
  230. 6:48delivery
  231. 6:49589 miles booked at 3 000.
  232. 6:52got them 509 per mile then winamac
  233. 6:54indiana
  234. 6:55to orlando florida full truck load of
  235. 6:57bulk potatoes
  236. 6:591081 miles booked at thousand dollars
  237. 7:01got him 370 per mile
  238. 7:03then leesburg florida to abington
  239. 7:05virginia 17 000 pound load of frozen
  240. 7:08groceries
  241. 7:09689 miles booked at 1850 got him 269
  242. 7:13per mile these guys also did very well
  243. 7:15it's a reefer running eleven thousand
  244. 7:17nine hundred and fifty dollars uh
  245. 7:19running monday to monday
  246. 7:21got them 2952 loaded miles running at
  247. 7:24405 per loaded mile plus they only had
  248. 7:27353
  249. 7:28miles of deadhead which got him a total
  250. 7:30of 362
  251. 7:32per mile with deadhead included very
  252. 7:34well done four dollar average nearly 12
  253. 7:36000 bucks on a reefer
  254. 7:38and almost 3 000 miles next we have a
  255. 7:41dry van team
  256. 7:42these guys are brand new to us recently
  257. 7:44started very very strong hit a lot of
  258. 7:46miles and did very well
  259. 7:47got tacoma washington going to rapid
  260. 7:50city south dakota 41 000 pound load of
  261. 7:52laminate sheets
  262. 7:531140 miles booked at four thousand
  263. 7:55dollars got him 351 a mile
  264. 7:57then colony was wyoming to joliet
  265. 8:00illinois
  266. 8:0041 8 load of cat liver a cat litter
  267. 8:04pardon me uh one thousand and five miles
  268. 8:07booked at two thousand dollars got him
  269. 8:091.99 per mile
  270. 8:10then valparaiso indiana going to welford
  271. 8:13south carolina
  272. 8:14seven thousand pound light load of empty
  273. 8:16boxes 689 miles booked at 22.50
  274. 8:20got him 328 per mile then simpsonville
  275. 8:22south carolina to sheboygan falls
  276. 8:25wisconsin this is a 18 000 pound load of
  277. 8:27cellulose film
  278. 8:28872 miles booked at 3 000 dollars got
  279. 8:31him 344 per mile
  280. 8:33then lancaster wisconsin to
  281. 8:35elizabethtown pennsylvania 11 000 pound
  282. 8:37load of
  283. 8:38food products 868 miles booked at 3 500
  284. 8:42got them 403 per mile then ben salem
  285. 8:45pennsylvania to wellington kansas their
  286. 8:4735 000 pound load of aluminum coils
  287. 8:501 359 miles booked at hundred 2
  288. 8:53got him dollar ninety nine per mile and
  289. 8:56i finished off strong with mcpherson
  290. 8:58kansas to
  291. 8:59holding holding forward minnesota 17 000
  292. 9:02pound load of
  293. 9:03insulation 636 miles booked at 2050
  294. 9:07got them 322 per mile did an excellent
  295. 9:10job they ran a lot of miles grossed
  296. 9:12uh nineteen thousand five hundred
  297. 9:14dollars in their drive-in
  298. 9:15running 6567 miles as a team
  299. 9:20uh running at 297 uh per
  300. 9:23mile guys uh interesting thing is i ran
  301. 9:26uh their their weight
  302. 9:27and the average weight that they had was
  303. 9:29just over 24 000 pounds on the weight so
  304. 9:32the excellent very light load on this
  305. 9:34drive end well done
  306. 9:35next we have us uh uh reefer coming out
  307. 9:38of erie pennsylvania
  308. 9:40going to seymour indiana 40 000 pound
  309. 9:42load refrigerated food products it was a
  310. 9:44drop at walmart 440 miles
  311. 9:46booked at 1200 got him 273 a mile then
  312. 9:50trotwood ohio to charlotte north
  313. 9:51carolina
  314. 9:52this is a four uh 35 000 pound load
  315. 9:56of afraid of all kinds running 20
  316. 9:58degrees on a reefer 465 miles booked at
  317. 10:002 400
  318. 10:02got him 16 per mile then bessemer city
  319. 10:05north carolina to perryville maryland 20
  320. 10:07000 pound load of food 500 miles even
  321. 10:10running at 2100
  322. 10:11got them 420 per mile then uh they got
  323. 10:14another one out of parkersburg
  324. 10:16pennsylvania with a one pick three
  325. 10:18dropper to new berlin wisconsin
  326. 10:21woodbury minnesota and a final in rush
  327. 10:23city minnesota 40 000 pound load of beer
  328. 10:26that's 1185 miles booked at 3 300
  329. 10:29got them 278 per mile and they finished
  330. 10:32off with st
  331. 10:33michael minnesota to romeoville illinois
  332. 10:3639 000 pound load of eggs
  333. 10:38444 miles booked at 1400 got them 315
  334. 10:42per mile and these guys did a wonderful
  335. 10:44job running
  336. 10:45running ten thousand four hundred
  337. 10:46dollars in their reefer they ran for six
  338. 10:49days finished off at home very
  339. 10:50convenient they ran 3034 miles
  340. 10:53got their reset done at home and ended
  341. 10:55up running at 343
  342. 10:58per loaded mile excellent excellent job
  343. 11:01we're going to finish off with a dry van
  344. 11:02coming out of
  345. 11:03moreland oklahoma to tacoma washington 6
  346. 11:05000 pound light load of arts and crafts
  347. 11:07equipment and accessories
  348. 11:091818 miles booked at six thousand
  349. 11:11dollars got them 330 per mile
  350. 11:14then kent washington to west jordan utah
  351. 11:1614 000 pound load of hand tools
  352. 11:19838 miles booked at 2 000 got him 239 a
  353. 11:22mile
  354. 11:22and i finished off with linden utah to
  355. 11:24centralia washington
  356. 11:2642 000 pound load of bag minerals this
  357. 11:29is 882 miles booked at 2862 dollars and
  358. 11:33two cents
  359. 11:34got um 324 per mile
  360. 11:37uh on that one ended up running thursday
  361. 11:39to friday
  362. 11:40uh ended up grossing uh ten thousand
  363. 11:43eight hundred sixty two dollars and two
  364. 11:45cents
  365. 11:45on their thirty five hundred thirty
  366. 11:47eight miles uh booked at 307 per loaded
  367. 11:50mile
  368. 11:50and uh they only had 48 dead head miles
  369. 11:54in total
  370. 11:54and two very very light loads at six
  371. 11:57thousand and fourteen thousand pounds so
  372. 11:59excellent run and uh they only ran
  373. 12:01thursday to friday so didn't even finish
  374. 12:03off a week and made almost eleven
  375. 12:04thousand dollars
  376. 12:05and a great average and guys like i
  377. 12:08always tell you every week
  378. 12:09if you're not making this kind of money
  379. 12:10you certainly can whether you're a lease
  380. 12:12down owner operator or a carrier we work
  381. 12:14with both types of drivers
  382. 12:16all you have to do is reach out give us
  383. 12:17a call or text us at 801
  384. 12:20448-6363 you can also visit us online at
  385. 12:23aftdispatch.com forward slash go
  386. 12:26on any one of our pages there's going to
  387. 12:28be a chat box uh version of it's going
  388. 12:30to scroll down through the bottom of
  389. 12:31this page
  390. 12:32look for that fill it out takes about 10
  391. 12:34seconds and we'll get your information
  392. 12:36and
  393. 12:36contact you answer any and all questions
  394. 12:38that you you may have
  395. 12:40and there is no reason to sit out this
  396. 12:43incredible
  397. 12:44really hot market you should be making a
  398. 12:46lot of money right now
  399. 12:48every week we produce these videos
  400. 12:49showing you the kind of money that folks
  401. 12:51make out there and there's no reason
  402. 12:52that you shouldn't be either
  403. 12:54the least on owner operators are welcome
  404. 12:56carriers are are welcome
  405. 12:57just get in touch with us again 801 448
  406. 13:006363 or aft dispatch dot com forward
  407. 13:03slash go
  408. 13:04until next week guys stay healthy be
  409. 13:06wealthy take care

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