The market speaks: Nikola stock down 80 since all-time high

Get the Full StoryTraders continue to reject Nikola stock following the departure of its founder Trevor Milton, with shares in the electric vehicle rogue now trading 80 below its record high set in June. Nikola stock opened Thursday trade at 18.10, down 47 since Milton s resignation just four days ago. In terms of market value, traders reckon Nikola is now worth just 6.91 billion one-fifth of what it was at its peak. Tesla, the original EV company named after the famed inventor, is also struggling to maintain value. The Elon Musk-led carmaker has shed more than 126 billion from its market cap since its record This story continues at The Next Web

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