EV maker Nikola exploring choices together with | Inventory Information
(Reuters) – EV maker Nikola (NASDAQ:) is exploring choices together with promoting components of its business or the whole company because it struggles with a money crunch, Bloomberg Information reported on Thursday.
The company’s shares slumped 28% in late-afternoon trading.
Prospects into consideration additionally embrace bringing on companions or raising new funds, the report mentioned, citing people conversant in the matter.
Nikola didn’t instantly reply to a Reuters request for remark.
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