GM & Nikola Partner... lol 😂🤣

HyperChange

English - September 09, 2020 21:00 - 8 minutes - 15.3 MB - ★★★★★ - 97 ratings
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GM is partnering with Nikola Motors to build its EV and FCEV pickups and semi trucks. As part of the deal, Nikola is issuing $2B in new stock to GM for "in-kind" services. It looks like both companies are super desperate. Nikola needed an OEM partner to build the Badger, and GM wanted good press for it's EV division (along with $2B in shares). What are your thoughts on this deal? Should Tesla be concerned (lol)?