The electric-truck maker was once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio.
Elliott Investment Management is ratcheting up the pressure on NRG Energy and is now seeking to oust its chief executive, according to people familiar with the matter.
Kimmeridge Energy Management co-founder Ben Dell for years has prodded large oil and gas companies to speed up consolidation in the sector. Now a Kimmeridge-backed producer, Civitas Resources, is becoming a consolidator in its own right. Denver-based Civitas agreed to acquire assets from Hibernia Energy III and Tap Rock Resources, companies...