Nikola Q3 2023 Shipped Trucks 3 Vs 63 YoY
Portfolio Pulse from Benzinga Newsdesk
Nikola Corporation's Q3 2023 report shows a significant decrease in shipped trucks, with only 3 units shipped compared to 63 units in the same period last year.
November 02, 2023 | 1:06 pm
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Nikola Corporation's Q3 2023 results show a significant decrease in shipped trucks, which could negatively impact investor sentiment and the company's stock price.
The drastic decrease in shipped trucks indicates a slowdown in Nikola's operations, which could lead to decreased revenues and profitability. This could negatively impact investor sentiment and lead to a decrease in the company's stock price.
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