Auto & Transport Roundup: Market Talk

Nov. 20, 2023 5:05 pm ET

The newest Market Talks masking the Auto and Transport sector. Published solely on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1321 ET – Nikola’s departing finance chief Anastasiya Pasterick is heading to a different hydrogen-powered car firm. Universal Hydrogen, a personal firm growing hydrogen-powered aviation, proclaims it has employed Pasterick as CFO. Nikola has confronted a flurry of government adjustments this yr and stated in a regulatory submitting Friday that Pasterick would resign after a number of months within the CFO function. Universal Hydrogen notes Pasterick’s prior involvement with Nikola’s SPAC merger which took the corporate public in 2020 and her expertise serving to with the IPO of nLIGHT. Nikola shares drop 3.9% to $1. (; @benglickman)

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