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Business
Anushka Dutta

Nikola Corporation (NKLA): Should Investors Buy or Sell This Week?

NKLA Nikola Corporation Momentum

Nikola Corporation (NKLA) designs and manufactures heavy-duty commercial Battery-Electric Vehicles (BEV) and Hydrogen-Electric Vehicles (FCEV), and energy infrastructure solutions. 

The company is focusing on its North American operations after its first-quarter topline missed expectations. Its first-quarter revenue came in at $11.1 million, versus the $12.5 million expected, while its non-GAAP loss per share stood at 26 cents, in line with expectations.

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