Nikola Motors loses its whole supply chain leadership, puts hiring freeze as situation looks dire

by Fred Lambert

Nikola Motors (NKLA) has lost almost its entire supply chain leadership over the last few months as the situation at the company is starting to look dire.

Sources familiar with the matter say that the company put a hiring freeze in place for now. The last year has been tough for Nikola Motors.

The most damning claim was that it faked the first video of its hydrogen truck driving.

The company even admitted to it, without issuing an apology, and instead claimed its deception was fine due to a technicality.