63 days ago • Posted by William Ramstein

Nikola faces rough headwind

Nikola, the emission-free freight company competing against Tesla is down around 10% after plans to supply a new fleet of garbage trucks to Republic Services fell off the table. The reason: Nikola would have had to re-design trucks instead of using their blueprints. This could be just a mutual excuse for the price wasn't high enough for the 2,500 orders and neither wanted to admit it publicly. Source: WSJ