EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola's Arizona factory and other

Nikola Motors declared bankruptcy earlier this year, but the formerly promising automaker’s assets aren’t going to waste. Lucid Motors recently announced that it acquired some of Nikola’s assets, including a factory,

Lucid Group, Inc (NASDAQ: LCID) to acquire facilities and assets previously owned by Nikola Corp in Arizona for $30M, not including business or tech. Deal subject to approval. Will offer jobs to over 300 former Nikola employees.