Nikola Corp (NASDAQ:NKLA) shares are trading higher after the company announced it was awarded an additional $16.3 million to support seven open-network hydrogen refueling stations. This follows a previously announced $41.9 million grant, bringing total grants to $58.2 million. The company also started production of its hydrogen fuel cell electric truck with an estimated range of 500 miles. Nikola will hold its annual meeting of stockholders on Thursday and is expected to report earnings for the second quarter in approximately two weeks.