Nikola Chief Says Company Doesn't Need GM

Nikola (NASDAQ: NKLA) chief executive officer (CEO) Mark Russell said in an interview that the company doesn't need its partnership with General Motors (NYSE: GM), which continues to be negotiated, according to a Bloomberg report. 

Nikola and GM announced a strategic partnership agreement just days before Hindenburg Research released a damaging report on Nikola last month. After the stock's significant drop following the report, the two automotive companies went back to the table to renegotiate details of the agreement. 

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Source Fool.com