Nikola (NKLA) on the Verge of Losing General Motors (GM) as a Strategic Partner?
https://wccftech.com/nikola-nkla-on-the-verge-of-losing-general-motors-gm-as-a-strategic-partner/
Nikola Corporation (NASDAQ:NKLA), the company attempting to popularize electric trucks powered by batteries as well as hydrogen fuel cells, is no stranger to controversy. After all, it has been a perennial target of skeptics who have continued to question the company’s grandiose technological claims. Even so, the latest saga is one for the history books.
Yesterday, Hindenburg Research unleashed epic tremors that reverberated through much of the financial sphere as its report – “Nikola: How to Parlay an Ocean of Lies Into a Partnership With the Largest Auto OEM in America” – became the centerpiece of financial headlines. While we have discussed in detail the contents of this report in a previous post, today’s topic merits a brief overview.