: Nikola’s short sellers up more than $400 million after downsized GM deal

Investors shorting Nikola Corp.’s share have made paper profits of more than $400 million after the electric-truck maker announced a watered-down deal with General Motors Co.

Investors shorting Nikola Corp.’s share have made paper profits of more than $400 million after the electric-truck maker announced a watered-down deal with General Motors Co.