GM Scales Back On Nikola Deal, Will Focus On Being Supplier

(CBS DETROIT) - General Motors will scale back its partnership with electric automaker Nikola, instead focusing on only being a supplier.

The original deal between both companies would have given g-m a stake in Nikola, and also proposed GM make an electric pickup for Nikola called The Badger.

Since the original agreement, Nikola came under fire for reports of fraud and a drop in stock price.

Under the new deal: GM will only supply fuel cells and not own a stake in Nikola.