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InsideEVs
InsideEVs
Technology
Dan Mihalascu

Nikola Shipped 11 Tre BEV Electric Trucks To Dealers In April

Nikola Corporation has released its Q1 2022 financial results, reporting higher costs as it ramped up production of its Tre BEV electric semi trucks.

The company posted a wider net loss of $152.9 million in the first three months of the year, up from $120.2 million in Q1 2021. Still, Nikola reported $1.9 million in services-related revenue, beating Wall Street's expectations for the period. The company did not collect revenue from truck sales, though.

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