Nikola Corp Says "Pre-Production Truck Was Outside And Undergoing Battery Fire Investigation And Testing"
Portfolio Pulse from Benzinga Newsdesk
Nikola Corp has announced that a pre-production truck is currently undergoing investigation and testing for battery fire. The news was reported by Reuters.
September 08, 2023 | 7:38 pm
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NEGATIVE IMPACT
Nikola Corp's pre-production truck is being investigated for battery fire. This could potentially impact the company's reputation and stock price.
The news of a battery fire investigation in a pre-production truck could potentially harm Nikola Corp's reputation. This could lead to a decrease in investor confidence, which may negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100