Nikola dives 15% after share lockup period expires, reworked GM deal

© Reuters. FILE PHOTO: U.S. Nikola’s logo is pictured at an event in Turin By Caroline Valetkevitch NEW YORK (Reuters) – Nikola Corp’s stock dropped 15% on Tuesday, extending its recent drop as certain insiders were allowed to sell shares of the electric truck maker a day after General Motors Co (NYSE:) revised its deal […]

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Nikola Corp’s founder purchased truck designs from third party – FT

© Reuters. (Reuters) – Nikola Corporation’s (O:) founder Trevor Milton purchased the original design for the company’s flagship truck from a Croatia-based designer, the Financial Times reported https://on.ft.com/3mWv2s7 on Saturday, citing people with knowledge of the matter. Nikola One, the company’s flagship hydrogen-powered truck truck, is at the centre of a design patent infringements lawsuit […]

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