VectoIQ
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Legal issues
Investor lawsuits mount against Nikola, founder Trevor Milton
Three class-action lawsuits have been filed against Nikola Corp. and its founder Trevor Milton, since short seller Hindenburg Research published its damaging report about the…
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News
Steve Girsky replaces Trevor Milton at embattled Nikola (With video)
Nikola founder Trevor Milton is out as executive chairman of the electric truck startup, the latest fallout from a brutal report by a short seller…
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News
Breaking News: GM invests in Nikola; to build Badger pickup
General Motors Co. (NYSE: GM) will become an 11% owner of electric truck startup Nikola Motors Corp. (NASDAQ: NKLA) and build the battery-electric Badger pickup…
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Finance
Lordstown Motors going public in reverse merger
Startup electric truck maker Lordstown Motors takes trendy reverse merger route to public ownership, and a $1.6 billion valuation.
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Business
Flood of new and cheap shares sink Nikola stock
Owners of low-priced warrants for new shares and pre-merger discount buyers registered to cash out of electric truck startup Nikola leading to an after hours…
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News
Profit-taking early investors hammer Nikola stock price
High-flying Nikola Corp. (NASDAQ: NKLA) came back to earth Thursday as early investors in the electric truck startup sold discounted shares at a handsome profit.…
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Finance
Fuel cell startup Nikola nears public trading debut (Update)
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public,…
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Business
Pre-merger surge drives Nikola value to $12 billion
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to…
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Business
Shell stuffing: How Nikola became VectoIQ’s public preference
Nikola Corp. filled VectoIQ’s $230 million public shell company after former Wall Street analyst and General Motors executive Steve Girsky shopped more than 100 smart…
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Energy
WeWork crisis prompted Nikola’s pivot on going public
By providing leases that include hydrogen and maintenance for its fuel cell electric trucks for seven years, Nikola projects it will generate $3 billion in…
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