The latter. Hence it's basically zero risk for GM. If Nikola is real, then the deal is good. If Nikola is a fraud, then it's not like GM wasn't going to do R&D

The latter. Hence it's basically zero risk for GM. If Nikola is real, then the deal is good. If Nikola is a fraud, then it's not like GM wasn't going to do R&D on battery tech anyway.