Nikola Shares further up after good news
Mostly the current talks with GM are pushing the truck makers shares.
Nikola (Nasdaq: NKLA) goes higher after declaring he is continuing his talks with General Motors. The company plans to provide further updates as appropriate or necessary. As part of its profit sharing, Nikola also announced that it is working diligently with IVECO to complete the remaining four Nikola Tre prototypes and that it expects the vehicles to be completed by the end of 2020.
The second batch of prototype assembly is expected to begin in the first quarter of 2021.