I was wondering about the terms of this deal. GM agreeing to provide vehicles to Nikola is a no-brainer. Taking on a stake in the Nikola was the big question mark in my mind. If Nikola gave them the shares, maybe the goal was to give GM a reason to keep Nikola solvent? Now GM has something to lose if Nikola tanks so they might be willing to invest some amount of money or repetitional capital to keep them afloat?

Or maybe giving the GM stake was just another smoke and mirrors bit on Nikola's part so they could claim a high profile "investor".