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The EV truck company's stock is trading down over 99% from its peak price.
The maker of electric semi trucks is still a polarizing investment.
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.
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]
2014 - Hyundai ix35 FCEV — Leased in South Korea, California, Europe and Vancouver (sometimes referred to as the "Tucson"). And Hyundai claimed 'World's first mass production FCEV'. 2016 - 2021 Honda Clarity Fuel Cell — Marketed in Japan, Southern California, Europe. [11] [12] Total sales 1,900 vehicles. [13]
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.
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The list of countries by price level shows countries by their price level index. The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is a way to ...