Nikola Stock Is Rising. The Company Is Making More Trucks.
November 3, 2022 by secret
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Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any EV startup. Wednesday, Nikola (ticker: NKLA) reported $24.2 million in sales, while Wall Street was expecting $22.7 million. The company didn’t have revenue in the third quarter
Stock in the electric and hydrogen truck-technology firm
Nikola
is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any EV startup.
Wednesday,
Nikola
(ticker: NKLA) reported $24.2 million in sales, while Wall Street was expecting $22.7 million. The company didn’t have revenue in the third quarter of 2021 because it wasn’t making trucks yet.
