- Nikola entered into an agreement with Bosch for the manufacturing of fuel cells in September. This ensures that truck development can progress according to plan.
- Production setbacks and fraud allegations have done damage to Nikola’s reputation, but the EV startup can move past this if it executes on its production plan without further delays.
- If Nikola can successfully market its zero-emission heavy-duty trucks to the commercial sector, shares could revalue significantly higher.
For further details see:
Nikola: A Very High Risk EV Stock With Potentially Big Upside