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Nikola Corp. Gains 7% As The Company Starts Electric Truck Production

March 24, 2022 — 10:45 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Shares of electric-vehicle startup Nikola Corporation (NKLA) are up more than 7% Thursday morning after the company announced commencement of its electric truck production.

On Wednesday, Nikola said it has started manufacturing of its Tre battery electric vehicle (BEV) on March 21, at its Coolidge, Arizona facility, as announced in the latest earnings report.

NKLA is at $9.86. It has traded in the range of $6.41-$19.52 in the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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