Nikola's recall was costly in Q3, but does rising orders signal the worst is behind it?
November 2, 2023
After recalling all of its battery electric trucks that it had delivered, Nikola’s losses widened in the third quarter. However, with orders rising for its hydrogen fuel cell truck, is Nikola turning the page?
Nikola CEO Steve Girsky, said the company is “Capitalizing on our first-mover advantage with our hydrogen fuel cell electric truck.”
The company officially launched its 2024 model…