General Motors Co. (NYSE: GM) and embattled electric truck startup Nikola Corp. (NASDAQ: NKLA) will not close on a manufacturing partnership by Wednesday as the two companies predicted earlier this month.
“Our transaction with Nikola has not closed,” GM said in a statement provided to FreightWaves on Tuesday. “We are continuing our discussions with Nikola and will provide further updates when appropriate or required.”
A joint Nikola-GM press release on Sept. 8 said, “The parties anticipate...
https://www.freightwaves.com/news/gm-deal-with-nikola-delayed-beyond-anticipated-close