Shares of cash-strapped Nikola nosedive on report of potential sale

U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019.DETROIT – Shares of Nikola closed Thursday down 27.8% after a report that the embattled electric truck maker is exploring options to sell parts or all of the business.The stock closed Thursday at 85 cents apiece after hitting a new 52-week low of 76 cents prior to the end of trading.Bloomberg News reported the potenti ...