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GM scales back partnership with electric truck startup Nikola

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Re: GM scales back partnership with electric truck startup Nikola

#121
post #85

Earlier quoted context omitted.

At the very least, people might do some additional research before engaging in surreptitious “journalism”.

There was nothing secret about it, we were invited to the HQ specifically to record

Sorry, I didn’t mean to imply that what you did was surreptitious. I meant, if other people have that idea before understanding the laws around recording conversations.

Re: GM scales back partnership with electric truck startup Nikola

#122
post #98
post #84

Earlier quoted context omitted.

You don't understand the structure of the deal. GM risks nothing and has upside.

I understand the structure of the deal - you're not understanding credibility, power and money. Doing a $2B deal with a company that turned out to be hot air / fraud is inexcusable, total incompetence - it doesn't matter how well leveraged GM was ostensibly, or how de-risked they were. If it was a 'side show' M&A project, the CEO could write it off, but it's not - EV's are 'the core' part of the future of automakers…

I see your point.
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