Nikola (NKLA) Stock Surges 10% on Q2 Delivery Beat
NKLANikola(NKLA) Investor Place·2024-07-03 03:10

Embattled commercial vehicle manufacturer Nikola (NASDAQ:NKLA) continues to march forward with its difficult recovery process. It provided stakeholders with a substantive piece of good news, delivering 72 hydrogen fuel cell trucks, beating its own high-end guidance of 60 units. While NKLA stock remains a speculative investment, the underlying company’s shift away from battery-powered vehicles appears to be paying off.According to the accompanying press release, Nikola wholesaled 112 of its hydrogen fuel cel ...