Is Nikola Stock a Buy Right Now? This Is What You Need to Know

There was a lot of hype building into EV truck maker Nikola’s (NKLA) first earnings report since becoming a publicly traded company.The lack of any meaningful earnings to report – Nikola is pre-revenue at least until the first of its EV trucks hit the market next year – means the talk ahead of Tuesday’s earnings call centered around updates to the company’s progress.Investors were hoping for string of partnerships and positive developments to push shares higher. Coming into the earnings call, NKLA stock had been on a rally and up by 19% over the past week. In the end though, …read more

Source:: Yahoo Finance

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