Why Nikola Stock Jumped 40% in March
NKLANikola(NKLA) The Motley Fool·2024-04-10 01:36

The EV stock has caught investors' attention for several reasons. Nikola (NKLA) stock has rebounded dramatically in recent weeks after a muted start to the year. The electric vehicle (EV) stock gained 39.8% value in March alone, according to data provided by S&P Global Market Intelligence. After recalling its battery-electric vehicles (BEVs) last year, Nikola is now focusing on hydrogen fuel cell heavy trucks and has already started producing and delivering them, giving investors a reason to buy the languis ...