Nikola Corporation (NASDAQ: NKLA) CEO Mark Russell took distance from the company’s electric pickup truck Badger in an interview with the Financial Times on Thursday. What Happened: Russell sought to diminish the role Badger plays in the company’s business — a stance diametrically opposite to Nikola founder and former Executive Chairman Trevor Milton, who had announced the truck in June, FT reported.”The Badger was an interesting and exciting project to some shareholders, but our institutional shareholders are mostly focused on the business plan,” Russell said.The CEO added that Nikola’s “core business plan since before we became publicly listed always focused …read more
Source:: Yahoo Finance
