Why Is Nikola (NKLA) Stock Up 5% Today?
NKLANikola(NKLA) investorplace.com·2024-05-22 00:25

Nikola (NASDAQ:NKLA) stock is on the rise Tuesday after the company announced a new order from AiLO Logistics for its hydrogen fuel cell electric vehicles (FCEVs). According to a press release, AiLO Logistics has placed an order for 100 of the company’s FCEVs through Tom’s Truck Centers. This is a sales and service dealer network dealer. Nikola notes that deliveries of these 100 hydrogen FCEVs are set to start in 2025. This builds on a previous order for 50 of its trucks. Deliveries from that order have alr ...