Is Nikola the Next Fisker?
NKLANikola(NKLA) The Motley Fool·2024-07-25 20:45

Fisker won't be the last EV maker that shutters its doors, but is Nikola lining up to be the next one? Being at the cutting edge of an industry revolution can come with massive rewards, and also massive risk. That's never been more clear than within the electric vehicle (EV) industry, as Tesla has proven a first-mover advantage can power a company's stock higher for years. At the other end of that spectrum is Fisker, which crumbled under the weight of massive cash burn and consistent production problems. Fi ...