Nikola CEO confident of closing deal with energy partner, talks with GM continue

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There had been reports Nikola’s talks with energy firms including BP PLC (L:BP) had stalled but Russell told Reuters he is confident Nikola will still announce by year end a collaboration with an energy firm to build hydrogen-refueling stations.

Short-seller Hindenburg Research released a scathing report on Sept. 10 that called Nikola a “fraud” and on Wednesday the company released a statement defending its business model, technology and partnerships.

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