The ultimate EV stock roller coaster Nikola (NKLA) has made quite the headlines recently, more notably on the notorious side. Nikola hyped the crowd with a future in EV Semi Trucks. The highly anticipated company rocketed out the gates to an all-time high of $93.99. As quickly as it rose it fell to a low of $19.46 on news of alleged fraud and the former founder stepping down as CEO, Trevor Milton. There are still hopes for the company with a future closure of a deal with automaker General Motors. ZEV Society will be following close on the latest updates.
Company Description – NKLA
Nikola Corporation (NKLA) is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
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