https://www.techdirt.com/articles/20201202/11212745811/nikolas-bad-quarter-companys-deal-general-motors-ownership-stake-goes-sideways.shtml

The trouble for Nikola Motor Company began only in September, a couple of months ago. That's when a hedge fund very publicly called out the company and its founder, Trevor Milton, for essentially fooling people with doctored video of its electric semi-truck product to get them to invest in the company. This led to rumors of federal investigations, the resignation of Milton, and the company idiotically trying to use copyright takedowns to silence its critics. All of this was likely in the service of trying to save a very public $2 billion deal with General Motors that was due to be closed upon in early December.

Well, what was Nikola's bad month is turning into a very bad quarter, as the General Motors deal has gone fairly sideways.