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Commercial Production

All articles tagged with #commercial production

The Dark Connection: Army Ammunition Plant's Role in Mass Shootings

Originally Published 2 years ago — by The New York Times

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Source: The New York Times

The Lake City Army Ammunition Plant in Missouri, operated by private contractors, has increasingly produced ammunition for the commercial market as military demand has decreased. The plant has become one of the largest manufacturers of commercial rounds for AR-15-style rifles, with its ammunition being used in crimes, including mass shootings. While the majority of rounds are sold to law-abiding citizens, some have been seized from criminals and tied to high-profile shootings. Contractors at the plant have expressed concern about the connection between their ammunition and violent crimes.

"Nikola Corp's Stock Surge Sparks Investor Interest and Speculation"

Originally Published 2 years ago — by The Motley Fool

Featured image for "Nikola Corp's Stock Surge Sparks Investor Interest and Speculation"
Source: The Motley Fool

Shares of Nikola Corp surged as much as 36% this week after the hydrogen fuel cell transportation company finally entered commercial production for its semitrucks. The company, which had faced significant setbacks and controversy in the past, received 223 orders for its hydrogen fuel trucks. However, despite the positive news, Nikola still faces significant challenges, including low revenue, negative gross profit, and a long road to profitability. Investors are advised to exercise caution when considering investing in Nikola stock.