Nikola's results signal that its attempts to pivot away from its battery-powered trucks is paying off as it acquires new customers and receives an uptick in ...
FILE PHOTO: U.S. Nikola 's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin
It reported revenue of $31.3 million for the quarter, surpassing estimates of $27.1 million, according to LSEG data. Nikola signed Walmart Canada as a major customer in June, when it delivered a hydrogen semi-truck to the retailer. The United States is speeding up efforts to license and build a new generation of nuclear reactors to supply carbon-free electricity.
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