Electric truck maker Nikola said Friday that CEO Michael Lohscheller will step down and be replaced by Stephen Girsky, the company's chairman, at the end of the month.
FreedomWorks senior economist Steve Moore discusses President Biden’s costly electric vehicle push on ‘The Bottom Line.’truckmaker Nikola said on Friday that chief executive Michael Lohscheller will step down at the end of the month.
Although Lohscheller will return to Europe, he will remain in an advisory capacity through the end of September.Shares of Nikola fell more than 14% in midday trading.
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