General Motors acquires 11% stake in electric truck maker Nikola

(Reuters) – General Motors Co said on Tuesday it was acquiring an 11% stake, worth $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)