General Motors acquires 11per cent stake in electric truck maker Nikola

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REUTERS: General Motors Co said on Tuesday it was acquiring an 11per cent stake, worth US$2 billion, in U.S. electric truck maker Nikola Corp . General Motors will also get a right to nominate one director to Nikola’s board. (Reporting by Rachit Vats in Bengaluru; Editing by Aditya Soni)