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  1. Automotive Industry & GM News
    On Monday, General Motors and Nikola Corp announced a revamped agreement that eliminates an equity stake in the startup for the Detroit automaker and nixed any plan for manufacturing Nikola's electric pickup truck. This makes the keystone of the revised contract their collaborative work on...
  2. Automotive Industry & GM News
    General Motors is understandably considering revisions to its deal with Nikola Corp following the recent hullabaloo that tanked the startup's stock. Allegations had surfaced that founder Trevor Milton had misled investors by promising technologies that did not yet exist, forcing him to leave...
  3. Automotive Industry & GM News
    Hindenburg Research, a short-seller that has previously released damning reports on companies and profited from the stock prices falling, has released a report charging Nikola of parlaying an "ocean of lies" into a partnership with GM. Nikola stocks have since fallen steeply.  This week, GM...
  4. Automotive Industry & GM News
    General Motors has invested $2 billion into electric vehicle startup Nikola Motor Company. As a result, Nikola vehicles will use GM's Ultium battery technology and GM will manufacture the Badger, an electric pickup truck. Previous reports had suggested that Nikola would partner up with...
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