Nikola’s stock slides after reporting Q2 delivery numbers

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Nikola’s stock slides after reporting Q2 delivery numbers
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Nikola Corp.’s stock fell 3.7% premarket Wednesday, after the company reported its second-quarter delivery and production numbers. Phoenix-based Nikola said...

Nikola Corp.’s stock NKLA fell 3.7% premarket Wednesday, after the company reported its second-quarter delivery and production numbers. Phoenix-based Nikola said it delivered a total of 111 of its battery-electric trucks in the period, split between 45 wholesale deliveries and 66 retail ones. That compares with 31 wholesale deliveries in the first quarter and 33 retail deliveries. The company produced 33 trucks in the quarter to bring the year-to-date total to 96.

7% premarket Wednesday, after the company reported its second-quarter delivery and production numbers. Phoenix-based Nikola said it delivered a total of 111 of its battery-electric trucks in the period, split between 45 wholesale deliveries and 66 retail ones. That compares with 31 wholesale deliveries in the first quarter and 33 retail deliveries. The company produced 33 trucks in the quarter to bring the year-to-date total to 96.

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