When the story of hydrogen trucks is written and its success or failure is established in history, the story of Nikola will play a lead role – it brought the industry into disrepute when it was fined by the SEC for “pretending” to investors it was further along the development path of hydrogen trucks than it really was, and since then its valuation has been in the doldrums and there is a real danger of it running out of cash if it tries to do too much. Which is why this week it decided to put all of its eggs into a single US basket and drop ownership of its joint venture in Europe with Italian truck firm Iveco. Its…