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The EV truck company's stock is trading down over 99% from its peak price.
Nikola's share price has declined 87% over the past year, and declined 50% over the past three months alone. Much of that was driven by the company overpromising and drastically underdelivering.
2005 - Hyundai Tucson FCEV [38] 2014 - Hyundai Intrado [39] 2022 - Hyundai N Vision 74; Maxus: 2019 - Maxus G20FC - multi purpose vehicle (MPV) [40] Mazda: 1997 - Mazda Demio FCEV [41] 2001 - Mazda Premacy FCEV (uses Reformed methanol fuel cell) [42] Mitsubishi: 2004 - Mitsubishi FCV; Morgan LIFEcar. Morgan: 2005 - Morgan LIFEcar; Nissan: 2012 ...
Nikola Corporation (formerly known as Nikola Motor Company) is an American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions. [2] It presented several concept vehicles from 2016 to 2020, the first of which was a natural gas fueled turbine-electric semi truck. [3]
The Nikola Tre battery electric Class 8 truck. The Phoenix-based company's stock prices soon began to plunge as doubts emerged about the viability of its technology.
In finance, market data is price and other related data for a financial instrument reported by a trading venue such as a stock exchange. Market data allows traders and investors to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives, and currencies. [1]
In November 2019, Nikola Motor Company and Iveco presented the jointly developed Nikola Tre electric truck, with a power of 644 hp (480 kW), a maximum torque of 1,800 N⋅m (1,300 lbf⋅ft), a battery of 720 kWh and a range of up to 400 km (250 mi). It is developed on the basis of the Iveco S-Way.
Nikola has until November 20, 2023 to regain compliance. In order to do so, the company's closing share price must be at least $1.00 for a minimum of 10 consecutive business days.
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