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NKLAW - Nikola: General Motors Deal Doesn't Add Value
November, 19 2020 05:09 PM
Nikola Corporation Warrant expiring 6/3/2025
Nikola is still waiting on GM to finalize their strategic partnership. The company apparently needs GM's battery and fuel-cell technology to build superior second generation trucks. The stock is worth nearly $11 billion prior to an equity distribution to GM. Nikola has too much risk without a GM partnership and not enough proprietary technology with a deal to make the stock a buy here. For further details see:
Nikola: General Motors Deal Doesn't Add Value
Stock Information
Company Name:
Nikola Corporation Warrant expiring 6/3/2025
Stock Symbol:
NKLAW
Market:
NASDAQ
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