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Biden Admin Gave Millions to EV Company Under Indictment. It Just Went Bankrupt

Biden Admin Gave Millions to EV Company Under Indictment. It Just Went Bankrupt

by Frontpage Mag
February 20, 2025
in Aggregated, News

  • Former White House Advisor: “Trump to Release $150 Trillion Endowment”


The greatest scams in history (with the possible exception of crypto) have nothing on green energy.

There is nothing a green energy company can do or be accused of that will prevent governments from throwing money at it.

Flashback from 2021.

Electric truck maker Nikola said Thursday it was approved for a $2 million grant from the Energy Department — news that comes despite the fact that the company’s founder and largest shareholder faces federal criminal charges for deceiving shareholders.

Nikola has yet to produce any trucks ready for sale. It has promised to build 25 and 50 trucks by the end of the year, but it is not certain it will have all the parts needed to complete the trucks as planned.

This is a company that had been founded in 2014 and at one point had a higher valuation than Ford which had yet to figure out how to get the parts to build… 25 trucks.

Or get a truck to actually drive down a highway. […]

— Read More: www.frontpagemag.com

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