Here’s Why I Wouldn’t Touch Nikola Stock With a 10-Foot Pole
Not all electric vehicle makers are created equal.
There’s a lot of excitement among investors in the electric vehicle space. Nikola(NASDAQ:NKLA) has been on the receiving end of some of that bullishness, particularly after its manufacturing and licensing deal with General Motors (NYSE:GM). Even if that partnership remains intact, however, investors should think long and hard about an investment in Nikola stock.
In this episode of Fool Live that aired on Oct. 21, “The Wrap” guest host Asit Sharma and Fool.com contributors Danny Vena and Daniel Sparks discuss why investors should think carefully before investing in Nikola.
This post was originally posted on The Motley Fool.