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Nikola Is Only as Strong as Its Tech Partnerships – The Wall Street Journal


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Nikola Is Only as Strong as Its Tech Partnerships – The Wall Street Journal

Nikola Corporation’s biggest achievement has been lining up a roster of blue-chip technology partners to help realize its vision of using hydrogen to electrify the U.S. trucking industry. In the wake of an incendiary short seller’s report, the key question is whether it can keep them. The startup is fighting for its reputation. The stock…

Nikola Corporation’s biggest achievement has been lining up a roster of blue-chip technology partners to help realize its vision of using hydrogen to electrify the U.S. trucking industry. In the wake of an incendiary short seller’s report, the key question is whether it can keep them.

The startup is fighting for its reputation. The stock rose 11% Monday after Nikola issued a second, more detailed denial of various claims made last week by hedge fund Hindenburg Research. That was despite an admission that a 2017 marketing…

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