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Nikola Priced, Nasdaq: NKLA.XX

Developing battery-electric and hydrogen fuel cell trucks and fueling stations.

Industry: Consumer Discretionary

First Day Return: 0.0%

Formerly VectoIQ Acquisition (listed via SPAC acquisition on 6/4/20), Nikola is a vertically integrated zero-emissions transportation solution provider that designs and manufactures state-of-the-art battery-electric and hydrogen fuel cell electric vehicles, electric vehicle drivetrains, energy storage systems, and hydrogen fueling stations. Nikola's core product offering is centered around its BEV and FCEV Class 8 semi-trucks. The key differentiator of Nikola's business model is its planned network of hydrogen fueling stations. Nikola is offering a revolutionary bundled lease model, which provides customers with the FCEV truck, hydrogen fuel, and maintenance for a fixed price per mile, locks in fuel demand and significantly de-risks infrastructure development.

Nikola (NKLA.XX) Performance

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