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The deal excludes the purchase of Nikola's operations, clientele, or hydrogen fuel cell electric truck technology.
Lucid, an American electric vehicle company, is set to acquire select assets from Nikola, an electric and hydrogen truck manufacturer that filed for bankruptcy protection in February. According to ...
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Can Lucid Win While Tesla Loses?
Despite a sharp drop in sales in the United States, Tesla Inc. (NASDAQ: TSLA) still has about 43% of the U.S. electric ...
With a market cap of nearly $800 billion, Tesla's biggest days of growth are arguably behind it. This reality has caused ...
Since assuming office, Xi spearheaded transformative changes across China. His leadership focused on tackling systemic ...
Tesla's Spring Update rolls out with a host of improvements ADAC test proves electric cars to be even more reliable Lucid acquires former Nikola facilities for just $30 million ...