Nikola Exec Says There Is Supply Constraint Issues On Batteries
Portfolio Pulse from Benzinga Newsdesk
During a conference call, a Nikola executive mentioned that the company is facing supply constraint issues with batteries, which could impact its production capabilities and timelines.
May 07, 2024 | 3:10 pm
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Nikola is experiencing supply constraint issues with batteries, as stated by an executive during a conference call. This situation could delay production schedules and affect the company's ability to meet demand.
Supply constraints, especially for critical components like batteries, can significantly impact production capabilities for companies in the EV sector. For Nikola, this could mean delays in delivering on production targets, potentially affecting investor confidence and the company's financial performance in the short term.
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IMPORTANCE 90
RELEVANCE 100