Nikola Co. (NASDAQ:NKLA – Get Free Report)’s share price dropped 5.2% during trading on Monday . The stock traded as low as $0.95 and last traded at $0.97. Approximately 8,505,885 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 51,358,191 shares. The stock had previously closed at $1.02. […]
Nikola Corp. has won $165 million in arbitration from convicted founder Trevor Milton, but it wants to recover attorney fees, too. The post Nikola claws back $165 million from founder Trevor Milton appeared first on FreightWaves.
California became the first state in the U.S. to set emissions standards for trucks earlier this year. The rules are set to kick in starting in 2024, putting pressure on truck manufacturers to speed mass production of electric trucks to meet the state s ambitious goal.
Truck makers are pouring billions into ramping up zero-emissions vehicle manufacturing, but supply chain constraints and recalls could undercut their ability…