09-12-2020, 07:51 PM
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Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker
Quote:
GM is getting a $2 billion stake in Nikola and the right to nominate one board member in exchange for in-kind services.
Under the partnership, GM will produce the electric truck maker’s marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022.
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https://www.cnbc.com/2020/09/08/gene...r-nikola-.html
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