Nikola Corp Expects 300-400 Trucks To Be Delivered In 2023; Expects Gross Margin Between -110% And -85% In 2023
Portfolio Pulse from Happy Mohamed
Nikola Corp has announced that it expects to deliver between 300 and 400 trucks in 2023. The company also anticipates a gross margin between -110% and -85% for the same year.
August 04, 2023 | 3:47 pm
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NEUTRAL IMPACT
Nikola Corp's announcement of expected truck deliveries and gross margin for 2023 could impact its stock price.
The company's forecast for 2023 is a key indicator of its future performance. The expected negative gross margin could be a concern for investors, potentially leading to volatility in the stock price. However, the projected delivery of 300-400 trucks could be seen as a positive sign of growth.
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