Electrical-truck maker Nikola Corp. NKLA 1.06% is popping to an outdoor provider to supply batteries for its first semi-truck mannequin, in response to individuals conversant in the matter, a distinction to the corporate’s earlier statements that it has developed its personal battery know-how.
Nikola plans to supply the core battery know-how from California-based Romeo Programs Inc. for each prototypes of its Nikola Tre semi-truck, in addition to the ultimate manufacturing model, which is anticipated go on sale in 2021, mentioned one present Nikola worker and one other individual with information of the plans.
Whereas it’s common for firms, particularly within the auto and transportation industries, to make use of important components designed and manufactured by unbiased suppliers, Nikola has come beneath scrutiny just lately after a brief vendor’s report accused the startup of deceptive buyers about its know-how.
Nikola’s Government Chairman Milton Trevor stepped down early Monday saying he needed the main focus to stay on the enterprise, not him. In a separate put up on Twitter, he mentioned that he intends to defend himself towards “false accusations leveled towards me from exterior detractors.”
Former J. Crew CEO Mickey Drexler Sells Idaho Home for $11 Million
Former J.Crew chief Mickey Drexler has offered his Ketchum, Idaho, house and two adjoining tons for $11 million,
in accordance with individuals acquainted with the transaction.
The property first went in the marketplace in 2019 with an asking worth of $13.9 million, in accordance with Travis Jones, who with colleague Svea Grover at Engel & Völkers represented either side of the transaction. Most just lately the property was looking for $8.9 million, although that worth didn’t embrace the adjoining tons.
Designed by architect Thierry W. Despont, the stone home sits on a hillside within the Knob Hill neighborhood and appears out on the Smoky Mountains, Mr. Jones mentioned.
The roughly 6,600-square-foot house consists of three bedrooms, 5 loos, a two-sided fire within the nice room, gold-leaf ceilings within the kitchen and an elevator. It additionally got here absolutely furnished, from the chandelier by artist Dale Chihuly to the plaid couches (which coordinate with the plaid partitions, plaid cushions and plaid curtains).
Suzanne Devitt Levit, who bought the property together with her husband Carson Levit, mentioned she likes the interiors. “When associates ask me are you going to alter something (as a result of they know what a design buff I'm), I say, ‘Completely not! I might by no means have the audacity to change Thierry and Mickey’s creation,’ ” Mrs. Levit wrote in an e-mail. “And by chance, we’ve at all times cherished plaid!”
Mrs. Levit mentioned she noticed the home on-line, relating that she had loved a latest go to to the realm a lot “that I did what I typically do, which is scroll by means of Zillow late evening in mattress.” She added that she and her husband, a former hedge-fund supervisor and a non-public investor, had been pondering of shopping for a ski house in an space that supplied summer time actions.
Mrs. Levit, who together with her household relies in San Francisco, emailed the itemizing agent that evening, and she or he and her daughter toured the home the following day. Along with the structure, the situation and the views, the Levits mentioned they had been struck by the eye to element, all the way down to the house’s personal stationery emblazoned with its moniker “Ski Home.”
In the meantime, the Levits are asking $12.9 million for his or her Napa Valley house, which features a four-bedroom, four-bath essential home, a two-bedroom guesthouse, two swimming pools, a placing inexperienced and a 2½ acre winery. Mrs. Levit mentioned they're promoting after over 20 years as a result of they're avid skiers and plan on spending extra time in Solar Valley and in Gulf Stream, Fla.
Whereas Mrs. Levit mentioned their Solar Valley buy was not motivated by the pandemic, the realm, like many trip locations, has benefited from the dramatic shifts in luxury housing demand which have been spurred by the virus, Mr. Jones mentioned. “That is our first-ever billion-dollar yr,” he added.
Along with his stint at J.Crew, Mr. Drexler was additionally CEO of the Hole and served on the board of Apple for 15 years. He has achieved different homes with Mr. Despont together with a Manhattan townhouse and a Tribeca condominium. He declined to remark.