Why Nikola Stock Was Thrown Violently Into Reverse Today
Retirements and replacements in a company's board of directors are fairly standard, and typically not excessive causes for concern. Not one, not two, but three Nikola directors are bowing out, the company revealed late Thursday. The trio will formally step down from the board at the electric vehicle (EV) and hydrogen-powered engine company's annual general meeting (AGM), as they have decided not to stand for re-election.