General Motors Will be Left With Junk Stock If It Closes Nikola Deal

General Motors Will be Left With Junk Stock If It Closes Nikola Deal

Nikola’s stock has tumbled following a series of allegations by a short-seller.The company’s founder resigned from his executive chairman’s position just days ago.The value of GM’s promised stake in the new energy automaker has now halved.General Motors has until September 30th to change its mind regarding the partnership deal it announced with Nikola earlier this…

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