Winand von Petersdorff-Campen
Economics correspondent in Washington.F. A. Z.
it was next to a capital contribution in the amount of eleven percent of the Nikola-share capital the joint development of an electric Pick-up Trucks by the name of Badger. So Nikola would be entered in direct competition to Tesla. The vehicle was, at the same time important building block for the electrical strategy of General Motors. Tesla is currently developing the so-called cyber truck. Nikola has now announced that all of their inputs from General Motors to reimburse.
The Nikola-share lost after the announcement of the message temporarily 24 percent of their value. Nikola was advised in the fall after allegations of fraud for allegedly misleading investors under pressure. The CEO and founder Trevor Milton acknowledged items of his leadership after the financial investor Hindenburg Research stated in a report that the company and its leadership have exaggerated the degree of maturity of their technological developments. Milton had attracted investors with the Vision to revolutionize the entire market for trucks with vehicles that are to be operated with a battery and hydrogen technology.Updated Date: 30 November 2020, 22:19