Nikola stocks fell almost 25% after the company and General Motors announced a reworked deal on a fuel-cell tie-up that ends an equity stake in the startup for the Detroit automaker as well as plans for building Nikola’s electric pickup truck. GM said it won’t pay $2 billion for an 11% stake in Nikola following the fraud claims against its founder, founder Trevor Milton, who resigned in September.
Walk away from all electric vehicles GM you will be beat at that game!
Took them long enough
Nikola has always been an empty shell of a company, we’re in a bubble folks