Nikola Corp. (NASDAQ: NKLA) promised investors it would name a co-developer for its hydrogen fueling stations by the end of the year. Talks have stalled because of a short seller report attacking the integrity of the company’s founder, The Wall Street Journal reported Wednesday.
The Journal report kept pressure on Nikola’s stock price. Shares were trading 10.84% lower at $25.42 intraday Wednesday. They have plummeted from their intraday high of $93.99 on June 8, a few days after going public in...
https://www.freightwaves.com/news/embattled-nikolas-hunt-for-hydrogen-station-partner-stalled-wsj