Latest News Updates From Kit Rees

Business, Technology, Fuel

Nikola Gets First Sell Rating

Nikola Corp. got its first sell-equivalent rating, with the electric-vehicle startup downgraded to underperform from neutral at Wedbush, citing the loss of a driving force in founder Trevor Milton鈥檚 departure, and the threat posed to hydrogen fuel鈥檚 appeal by Tesla Inc.鈥檚 鈥渆ye-popping battery innovations.鈥

September 24, 2020