Expand / / {} of this Nikola Badger. (charge: Aurich Lawson / / Nikola Motor Corporation)
Things continue down for aspiring hydrogen bath manufacturer Nikola.
Nikola’s stock dropped on Monday morning because the firm declared a previously declared bargain together with General Motors wasn’t likely to shut. Instead, both firms signed a”non-binding memorandum of knowledge” associated with using GM’s hydrogen fuel cell technologies in Nikola’s future unmanned trucks. GM won’t take a bet in Nikola as initially planed.
Nikola’s inventory is down 26% since I write this on Monday morning. The inventory has been down 58 percent because September 8, the afternoon Nikola initially declared the GM price.
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