Nikola CEO Says Startup’s Plans Intact Even If GM Deal Unravels

(Bloomberg) — Nikola Corp.’s chief executive officer sees a path ahead for his company even if the embattled electric-truck startup is unable to come to terms with General Motors Co. on a proposed strategic partnership.Talks between the two companies are ongoing, but if a tentative technology-sharing and manufacturing deal announced last month falls apart, Nikola will revert to a “base plan” without GM’s help, CEO Mark Russell said in an interview Thursday.“We have the ability and we have a base plan of doing it ourselves. If we have a partner, that just enables us to consider going faster and helps …read more

Source:: Yahoo Finance

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