Nikola's fourth-quarter revenue falls short as it delivers just 20 trucks
Publishing timestamp: 2023-02-23 16:01:11
Summary
Nikola reported that it produced 133 battery-electric trucks in the fourth quarter, but only delivered 20 to dealers, resulting in revenue that fell short of expectations. The company also confirmed that its fuel-cell version of the truck is still on track to begin production in the second half of 2023. The stock fell more than 5% Thursday.
Sentiment: NEGATIVE
Tickers: NKLA,
Keywords: business, technology, business news, earnings, electric vehicles, climate, nikola corp, transportation,
Source: https://www.cnbc.com/2023/02/23/nikola-nkla-q4-2022-results.html