nikola corp

For now, investors shouldn’t be wowed by glitzy tie-ups and promises

SPACs or blank cheque companies still carry a risk as Nikola Corp demonstrates

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.