Nikola Confirms Start of Production of Commercial Electric Truck

Dow Jones2022-03-24

Nikola Corp. $(NKLA)$ late Wednesday confirmed it started production of its electric commercial truck, the Tre, last week at its Coolidge, Ariz., factory.

The EV maker had aimed for that when it reported fourth-quarter earnings last month "We are laser-focused on delivering vehicles and generating revenue as the global leader in zero-emission transportation and energy infrastructure solutions," a spokesperson said.

Nikola has scheduled an investor day on Thursday after the bell. Nikola has said it expects the delivery of "saleable" production trucks to start in the second quarter.

The EV maker's shares rose more than 11% in the extended session Wednesday after ending the regular trading day down 0.7%.

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Comments

MoneyFace168
2022-03-25
MoneyFace168
Its under my watchlist
Daytraderz
2022-03-24
Daytraderz
Short the strength?
Jasminephyo
2022-03-24
Jasminephyo
Ok
SGboy
2022-03-24
SGboy
EV truck maker.
Botak Tur
2022-03-24
Botak Tur
Ok
Looyusooi
2022-03-24
Looyusooi
Ok

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