General Motors acquires 11% stake in electric truck maker Nikola

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(Reuters) - General Motors Co (N:GM) said on Tuesday it was acquiring an 11% stake, worth $2 billion, in U.S. electric truck maker Nikola Corp (O:NKLA).

General Motors will also get a right to nominate one director to Nikola's board.

Reprinted from yahoofinance, the copyright all reserved by the original author.

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