Nikola Stock Surges over 25% on Strong Hydrogen Truck Deliveries

Reported 12 months ago

Shares of Nikola surged over 26% as the company reported delivering 72 HYLA Class 8 hydrogen-powered trucks in the second quarter, surpassing expectations and attracting new customers like Walmart Canada. The increase in deliveries signals potential growth in the hydrogen-powered truck industry, although Nikola still faces challenges with its financials and short-selling positions that investors should consider before investing.

Source: YAHOO

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