NKLA Stock Surges 25% on Q2 Update. Is This a Comeback for Nikola?

Nikola (NASDAQ:NKLA) stock rose more than 25% today on reports that the electric vehicle (EV) maker had wholesaled 72 Class 8 Nikola hydrogen fuel cell trucks in its fiscal second quarter. This is above even the high end of previous guidance to wholesale 60 units. Shares of NKLA stock ended today up by 17%. Interestingly, Nikola also recently posted an encouraging job listing on its website. The company faced tremendous backlash for the disingenuous advertisement ending with Milton's firing. In fact, in Dec ...