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Is Nikola Stock a Buy After Today's News?
NKLANikola(NKLA) The Motley Fool·2024-04-04 18:14

Nikola stock has surged in recent weeks. Can it keep going?Electric heavy truck maker Nikola (NKLA 11.39%) pivoted last year to focus on hydrogen-fuel-cell electric vehicles (FCEVs). While the company still plans to produce battery electric heavy trucks for customer orders, its future really depends on the growth of the hydrogen powered trucks.Today, Nikola stock jumped by as much as nearly 16% on news that it produced 43 of the Class 8 FCEVs and sold 40 of them to wholesalers destined for end customers in ...