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GM

General Motors

$29.56 /

+0.8 (+2.78%)

, NKLA

Nikola

$18.17 /

+0.29 (+1.62%)

 10:56
09/30/20
 09/30
10:56
 09/30/20
10:56

GM could take greater than 11% stake in Nikola, CNBC's LeBeau says

General Motors (GM) and Nikola (NKLA) remain in talks regarding their previously agreed upon partnership, which included GM taking an 11% stake in the company, CNBC's Phil LeBeau reports. Don't be surprised if GM takes a greater than 11% stake now that Nikola's share price has fallen significantly, adds LeBeau, citing what he's hearing. GM would have walked away already if it didn't see value in Nikola, added LeBeau. Shares of Nikola are up 10% to $19.73 following LeBeau's report on CNBC.

GM

General Motors

$29.56 /

+0.8 (+2.78%)

 NKLA

Nikola

$18.17 /

+0.29 (+1.62%)

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