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Benzinga
Benzinga
Business
Randy Elias

Why Nikola Shares Are Rising

Nikola Corporation (NASDAQ:NKLA) shares are trading higher after Walmart Inc. (NYSE:WMT) announced a proof of concept with the company to expand its transportation partnerships to reduce emissions.

Later this summer, Walmart aims to run a battery-electric day cab proof of concept with Freightliner’s eCascadia and Nikola Tre BEV out of a distribution center in Fontana, California.

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