Watch out, Tesla (Nasdaq: TSLA)! There is more competition moving into the EV space. Workhorse Group (Nasdaq: WKHS) soared past most other EV makers on the market when shares skyrocketed 436%. And last month, Nikola (Nasdaq: NKLA) went public through a merger deal, causing shares to rise 60%. Now EV maker Fisker Inc. is planning to go public in a similar way. Spartan Energy Acquisition (NYSE: SPAQ) is leading the bidding war to buy the company and may land a deal for close to $2 billion. Shares of Spartan Energy shot up more than 35% on this news. |
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