Nikola going down…in flames ?

[Hillhater]

Struggling electric vehicle maker Nikola announced a recall of its battery-powered electric trucks after a third-party investigation revealed a "thermal event" was the probable cause for a June 23 truck fire at the company's Phoenix, Arizona, headquarters. Nikola previously suggested the fire was the result of 'foul play.' ……

….

Nikola recently flagged "substantial doubts" about its ability to continue operations for the next 12 months. The company's CEO recently stepped down and was replaced by Stephen Girsky, a former General Motors executive who had been chairman of the board.

Nikola Issues EV Truck Recall, Halts Sales After "Thermal Incident" Probe | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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[hallkbrdz]

I hope not, competition is better for everyone.

 

[raylo32]

Interesting. But I had never even heard of Nikola in the first place.