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GM/NKLA - IMO GM has no downside on

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semi_infinite   Tuesday, 09/08/20 03:19:41 PM
Re: DewDiligence post# 22821
Post # of 22960 
GM/NKLA - IMO GM has no downside on the deal and gets free stock. In exchange for lending credibility to NKLA. No mention of software but IMO safe to assume that GM will provide that too, at a price. So NKLA provides exterior and cabin, plus a name badge? To start around year end 2022 when Chevy's E pickup arrives next year. IMO NKLA is chronologically handicapped and not just their pickup, their whole line up.

https://investor.gm.com/news-releases/news-release-details/nikola-and-general-motors-form-strategic-partnership-nikola

https://www.theverge.com/2020/7/18/21329752/gm-electric-pickup-truck-tesla-ford

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