"Nikola Exceeds Q1 Hydrogen Truck Delivery Estimates, Outperforms Tesla in Electric Big Rigs"

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Source: Yahoo Finance
"Nikola Exceeds Q1 Hydrogen Truck Delivery Estimates, Outperforms Tesla in Electric Big Rigs"
Photo: Yahoo Finance
TL;DR

Nikola exceeded first-quarter delivery estimates for its hydrogen big rigs, delivering 40 vehicles compared to the estimated 30. The company aims for further sales growth as it opens refueling stations and pivots to hydrogen technology. Despite challenges in the EV industry, Nikola's shares rose 10%, showing signs of progress after facing setbacks including the founder's fraud conviction and a recall of its battery-powered trucks.

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