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NKLAW - Nikola: Making Progress But Lacks Capital
June, 06 2021 04:54 AM
Nikola Corporation Warrant expiring 6/3/2025
Nikola has started making real progress towards becoming a legitimate BEV manufacturer. The company forecast delivering up to 100 units by year end after starting trial production this month. The company needs more capital and normal production delays are likely to disappoint shareholders. Investors should wait for a dip to buy the stock as a 9x EV/S target for 2025 is still expensive for the risk. For further details see:
Nikola: Making Progress, But Lacks Capital
Stock Information
Company Name:
Nikola Corporation Warrant expiring 6/3/2025
Stock Symbol:
NKLAW
Market:
NASDAQ
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