The company previously said it would break ground on a hydrogen production hub on an Arizona site later this year. $NKLA phoenix
Nikola originally announced plans in 2018 to build its vehicle manufacturing plant at a different site in BuckeyeNikola is one of several large manufacturers that has a large presence in the state and
it had produced to date because of an issue with seat belts. The company has made 93 electric trucks so far, and all of them need to be reserviced to correct the seat belt issue. All of its vehicles have been manufactured at the company's Coolidge factory.of $18.1 million for the quarter ended June 30, ahead of the Wall Street expectation of $16.46 million. The company also reported a net loss per share of 25 cents, again outpacing analyst expectations of a 28 cent loss.
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