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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.
Assuming Nikola can scale up its business, analysts expect its revenue to roughly triple to $406.5 million in 2025 and more than double to $934.2 million in 2026. By the final year, they expect ...
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]
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]
Nikola (NKLA) closed the most recent trading day at $5.39, moving -0.55% from the previous trading session.
Trevor Robert Milton (born April 6, 1982) is an American entrepreneur and convicted felon, founder and former executive chairman of Nikola Corporation, a company focused on developing hydrogen and electric-powered commercial vehicles.
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.