#Nikola, GM still negotiating $2B partnership as target date looms

#Nikola, GM still negotiating B partnership as target date looms

#Nikola, GM still negotiating $2B partnership as target date looms

Admin6 years ago04 mins

“#Nikola, GM still negotiating $2B partnership as target date looms” General Motors and Nikola appear unlikely to finalize their $2 billion partnership by Wednesday’s target date in the wake of fraud and sexual assault allegations against Nikola founder Trevor Milton. The automakers said they were continuing discussions about the deal, which Nikola originally expected to…

#Nikola stock plunges after analyst rating, stalled fuel talks

Admin6 years ago04 mins

“#Nikola stock plunges after analyst rating, stalled fuel talks” Nikola’s stock price plummeted Thursday after its potential fuel partners reportedly hit the brakes on negotiations with the beleaguered electric-truck startup. Shares in Phoenix-based Nikola tumbled as much as 23.6 percent following a Wall Street Journal report that its talks with BP and other firms had…