GM, Nikola announce reworked agreement; Nikola shares fall 22%

General Motors Co and Nikola Corp on Monday announced a reworked agreement on a fuel-cell partnership that eliminates an equity stake in the startup for the Detroit automaker as well as plans for building Nikola’s electric pickup truck, sending Nikola shares tumbling almost 25%.
Read more: https://www.reuters.com/article/us-gm-nikola/gm-nikola-announce-reworked-partnership-on-fuel-cell-systems-idUSKBN28A1R8?source=Snapzu