“Electric vehicles continue to gain momentum in the market as more consumers are seeking sustainable and efficient transportation options.”
The auto and transport sector has been buzzing with news lately, and the latest market talks are heating up with some interesting developments. Nikola’s departing finance chief, Anastasiya Pasterick, is making waves as she heads to another hydrogen-powered vehicle company, Universal Hydrogen. This private company is dedicated to developing hydrogen-powered aviation, and they’ve snagged Pasterick as their new CFO.
Pasterick’s move comes on the heels of a flurry of executive changes at Nikola, which has been navigating a challenging year. In a regulatory filing, Nikola announced Pasterick’s resignation after several months in the CFO role. Universal Hydrogen is quick to highlight Pasterick’s prior involvement in Nikola’s SPAC merger that took the company public in 2020, as well as her experience in helping with the IPO of nLIGHT.
As a result of this news, Nikola shares have dropped 3.9% to $1. It’s clear that Pasterick’s move is making waves in the industry and could have implications for both Nikola and Universal Hydrogen.
It’s an exciting time for the auto and transport sector, with plenty of movement and change on the horizon. We’ll be keeping a close eye on how these developments continue to unfold.