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What was the market valuation of Nikola Corporation when its share price reached over $65 in mid-2020?
Exceeded Ford Motor Company
Half of General Motors
Equal to Tesla, Inc.
Surpassed Volkswagen Group
Answer
In mid-2020, Nikola Corporation's share price reached over $65, and its market valuation exceeded that of the Ford Motor Company. However, the share price later dropped to around $12 after fraud allegations surfaced.
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