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Nikola Enters Into Securities Purchase Agreement For Sale Of Up To $125M In Initial Principal Amount Of Senior Convertible Notes; Co Expects To Consummate Initial Closing For Sale Of $50M In Aggregate Principal Amount Of Notes On Or About Dec 30

On December 30, 2022, Nikola Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with the investors named therein (the “Investors”) for

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Elon Musk Fails To Talk Up Tesla Stock, GM’s 140K Chevy Bolt Recall, Lucid’s Fund Infusion And More: Week’s Biggest EV Stories

Electric vehicle stocks extended their losing streak this week as the broader market experienced volatility due to recession fears. Tesla, Inc. (NASDAQ: TSLA) was down for all five sessions of the week, taking its string of losses to six straight sessions.

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