AutomotiveBusiness & FinanceDeals

Reuters ahead in reporting GM, Nikola join forces

On Sept. 8, Reuters was two and a half minutes ahead of the competition with news of General Motors signing a multibillion-dollar partnership with electric truck maker Nikola to take on Tesla Inc.

Market Impact

Nikola stock shot up 48% on the announcement. Shares of GM rose 10%.

Article Tags
Topics of Interest: AutomotiveBusiness & FinanceDeals
Type: Reuters News First
Sectors: Equities
Regions: AsiaNorth America
Win Types: Speed
Media Types: Text
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