Lucid Snags Nikola’s Arizona Factory in Bankruptcy Auction
Lucid Motors Unexpectedly Wins Nikola’s Arizona Factory in Bankruptcy Auction Key Takeaways Lucid motors secured nikola’s Arizona factory and other assets in a bankruptcy auction. The deal involves approximately $30 million in cash and non-cash considerations. Lucid plans to extend job offers to around 300 former Nikola employees. The acquisition includes Nikola’s Phoenix headquarters lease, … Read more