Expand / / {} of this Nikola Badger. (charge: Aurich Lawson / / Nikola Motor Corporation)
Nikola CEO Mark Russell downplayed the Corporation’s Badger pickup truck remarks to this Financial Times on Thursday.
“The Badger has been an intriguing and exciting endeavor to a investors, however, our institutional investors are largely concentrated on the company program,” Russell explained. “Our center business plan because before we had been publicly recorded continuously concentrated on trucks and hydrogen infrastructure”
Russell’s remarks were printed after markets closed on Thursday. Nikola’s stock price dropped on Friday afternoon and is now down about 14 per cent for its day.
