Hints and tips:
...Trevor Milton, the founder of Nikola, was convicted of securities fraud last year, and is now facing sentencing later this month....
...It said on Thursday it was taking a more than $14m charge to shut down its PowerSports division, which builds all terrain vehicles and watercraft....
...Nikola kills the Badger Those who put down a deposit for Nikola’s Badger truck will have a little more money to spend this holiday season....
...With electric truck start-up Nikola, we’ll let DD readers make up their own minds. Nikola went public via a Spac in June with its founder Trevor Milton at the helm....
...Shares that briefly valued Nikola at more than Ford have since crashed, after the company admitted some of the claims in the report, while rebutting others....
...Capital and Owl Rock agree $12.5bn Spac tie-up (FT) Top Japan law firm to let foreign lawyers become equity partners (FT) LG Electronics agrees $1bn EV parts joint venture with Canada’s Magna (FT) Spacs/Nikola...
...Nikola falls on fraud allegationsShares in hydrogen and electric carmaker Nikola are down 16 per cent today, hit by a short seller’s report that claimed the business was an “intricate fraud” that had exaggerated...
...Even Nikola, a maker of battery and hydrogen trucks that is yet to sell a vehicle, was briefly valued at $34bn....
...One thing to start: in an interview with DD’s Ortenca Aliaj, Nikola board member and ValueAct founder Jeff Ubben defended the electric truck start-up and its founder Trevor Milton against allegations of...
...(Bloomberg) Nikola on notice The revenue-less electric truck start-up is in a race to convince investors not to dump shares in the company before a lock-up from its June listing ends on November 30....
...move to Abu Dhabi from UK (FT) US banks in line for windfall after Covid-19 vaccine progress (FT) Huawei to sell smartphone unit for $15 billion to Shenzhen government, Digital China, others (Reuters) Nikola...
...for Asda (FT) Devon agrees to buy rival shale producer WPX (FT + Lex) ArcelorMittal to sell US steel assets for $1.4bn (FT + Lex) HSBC shares rebound after China’s Ping An increases its stake (FT) Nikola...
...Caesars (FT + Lex) EY faces mounting backlash after Wirecard whistleblower revelation (FT) Palantir valued at $17.8bn in stock market debut (FT + Lex) Blackstone sells Rothesay stake for £2.1bn (FT) Nikola...
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