Nikola (NKLA) reports 3Q loss following recall and sales pause

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. MRK
7. LVS
8. SAP
9. CSX
10. LRCX

Go back to Nikola (NKLA) reports 3Q loss following recall and sales pause

Nikola Corporation Reports Third Quarter 2023 Results

November 2, 2023 9:02 AM EDT

During Q3 raised $250M, increasing unrestricted cash by $136.2M, and tripling unrestricted cash since Q1 2023Continue to see strong demand for Nikola zero-emissions trucks propelled by regulation and incentive tailwindsReceived purchase orders for 47 battery-electric trucks from one dealer despite the truck being in recallDealers continue submitting HVIP applications for the battery-electric truckTo date, Nikola and our dealers have received 277 non-binding orders from 35 customers for the hydrogen fuel... More