Nikola Faces Pricing Disadvantage Against Tesla, Traditional Rivals
June 17, 2020 at 11:39 AM EDT
The ARK Innovation ETF (NYSEArca: ARKK) is often hailed for its large weight to Tesla and as an actively managed fund, which implies prescience on the part of the fund’s managers. Tesla recently vaulted into the four-digit club, boosting ARKK along the way, but upstart Nikola Motor Corp. is...