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Old Posted Nov 30, 2020, 9:44 PM
xymox xymox is offline
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Join Date: Dec 2004
Location: Scottsdale, AZ
Posts: 1,110
Quote:
Originally Posted by muertecaza View Post
More bad news for Nikola:

https://www.azcentral.com/story/mone...ix/6462061002/

GM will no longer be buying into an equity stake in Nikola, and has cancelled its order for Nikola trucks. Agreement now seems to go the other way, with Nikola agreeing to use GM's existing tech in its future trucks.
Prolly best for them to focus and get a product out there on the road 100% before branching out into other areas. Tesla had to stop and focus on the Model S before taking on more models..

Still bummer for them - because they are local would love to see them become successful. I do think Hydrogen is the way to go for long haul trucking.
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