What's Going On With Nikola Corporation Stock?
Portfolio Pulse from Erica Kollmann
Nikola Corporation (NASDAQ:NKLA) shares are recovering after a significant drop due to multiple fires involving the company's electric vehicles. The company's CEO, Steve Girsky, addressed these issues and shared an optimistic view of Nikola's future during a recent webcast. Girsky highlighted the company's hydrogen fuel cell vehicles and infrastructure ambitions, which are unaffected by the battery-electric vehicle recall. He also emphasized strong consumer demand and the impact of state and federal EV rebates and incentive programs.

September 14, 2023 | 4:02 pm
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Nikola Corporation's shares are recovering after a significant drop due to multiple fires involving the company's electric vehicles. The company's CEO, Steve Girsky, addressed these issues and shared an optimistic view of Nikola's future during a recent webcast.
The company's CEO addressed the recent issues and shared an optimistic view of Nikola's future, which could boost investor confidence and positively impact the stock price in the short term.
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