Nikola Reports 88 Wholesale Deliveries Of Hydrogen Fuel Fell Electric Trucks In Q3, Up 22% QoQ; Co. Reiterates Year-End Volume Guidance Of 300-350 FCEVs
Portfolio Pulse from Benzinga Newsdesk
Nikola Corporation reported 88 wholesale deliveries of hydrogen fuel cell electric trucks in Q3, marking a 22% increase quarter-over-quarter. The company reiterated its year-end volume guidance of 300-350 FCEVs.
October 31, 2024 | 1:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nikola Corporation delivered 88 hydrogen fuel cell electric trucks in Q3, a 22% increase from the previous quarter. The company maintains its year-end guidance of 300-350 FCEVs.
The 22% increase in deliveries indicates positive momentum in Nikola's operations, which could boost investor confidence. Maintaining year-end guidance suggests stability and potential growth, likely leading to a positive short-term impact on NKLA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100