Tesla might have posted some serious gains this year – shares are up by 139% – but it has nothing on fellow EV maker Nikola (NKLA).Shares of the electric heavy-truck maker have been on a turbo charged run up, gaining 624% since the turn of the year.But is the hype justified? After all, for a company not generating any revenue – and one that despite this basic prerequisite is currently valued higher than Ford – the price tag seems, well, too high.At least that is the view of J.P. Morgan analyst Paul Coster. Coster initiated coverage of Nikola with a …read more
Source:: Yahoo Finance
