Nikola Corp's Q2 2023 Report Revealed

Nikola Corporation reported its second-quarter 2023 results, highlighting progress in executing its business plan, increasing its cash position, and decreasing cash use. The company achieved sales momentum with 45 wholesale and 66 retail deliveries in Q2 and began serial production of its hydrogen fuel cell electric truck, with first customer deliveries expected in September. Nikola received 18 customer orders for over 200 hydrogen fuel cell electric trucks. The company also continued to develop its hydrogen refueling ecosystem with partners.