Nikola Sues Buyer of Truck Assets, Alleges Agreement Breaches and Attempt to Install Former CEO

Nikola is taking legal action against the company it sold electric truck assets to, alleging the buyer broke the agreement
Nikola sold assets to a company created by David "Heavy D" Sparks of Diesel Brothers fame
Nikola says Sparks agreed to not involve disgraced founder Trevor Milton, but has gone back on that
Nikola will take legal action against Sparks, his attorney, and Milton for allegedly trying to take over Nikola's board
Nikola stock was trading higher Monday on the legal action news