Shares of Nikola were popping on Tuesday, soaring as much as 53% after Wall Street learned that General Motors has taken an 11% stake in the electric truck maker. GM has picked up a $2 billion stake in the company and now has the right to nominate one board member in exchange for in-kind services. … Continue reading “Nikola Shares Soar As General Motors Takes Stake in the Company”
Author: Sophia Vida
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