Nikola (NKLA) earnings Q1 2022


Nikola Motor Company

Source: Nikola Motor Company

Electric heavy-truck maker Nikola said Thursday it shipped its first semitrucks to customers in April, and that it now has purchase orders and letters of intent for over 500 of its battery-electric Tre trucks.

The company is also working with clients including Anheuser-Busch Inbev to complete a longer-range hydrogen fuel cell-powered version due next year.

Production of Nikola’s battery-electric Tre semitruck began in late March, and its first 11 trucks were shipped to dealers in April. While Nikola didn’t recognize any revenue from truck deliveries in the first quarter, it did collect about $1.9 million in services-related revenue, helping…

Source cnbc.com

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