EV makers Lucid, Nikola plan for stock sales as time runs out on cash burn

0
47


It was probably a case of now or never for the the latest pair of electric vehicle makers to announce fundraising plans as they burn through cash. On Tuesday, Nikola Corp. said it will sell as much as $400 million in an at-the-market offering, one day after peer Lucid Group Inc. filed to sell up […]





Source : AutoFinanceNews