Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any EV startup.
Wednesday, Nikola (ticker: NKLA) reported $24.2 million in sales, while Wall Street was expecting $22.7 million. The company didn’t have revenue in the third quarter of 2021 because it wasn’t making trucks yet.
Source: finance.yahoo.com
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