It's my opinion that GM felt forced to enter into this partnership with Nikola because Ford was able to get into bed with Rivian when GM pulled out of that deal. For GM's sake, I hope that these guys are completely wrong.
It's more of a reputation hit than anything. If this turns out to be as bad as these short sellers are saying, then anybody who really associated with Nikola is going to look really bad in the eyes of consumers.
