Meet Nikola, the speculative electric vehicle stock that traders believe is as valuable as Ford

Meet Nikola, the speculative electric vehicle stock that traders believe is as valuable as Ford

Nikola Motor’s Tre semi-truck.

Nikola Motor Company

Speculative traders are betting big that Tesla won’t be the only successful company of the future named for inventor Nikola Tesla.

Shares of Nikola Corporation, which makes battery-electric and hydrogen-powered trucks, jumped more than 20% on Tuesday shortly after the open, before reversing course and plunging more than 20%. At that…

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