Nikola

The Nikola Corporation is an American manufacturer of heavy-duty battery electric vehicles, and energy solutions. Nikola presented several vehicle concepts from 2016 to 2020, among which was the first natural gas turbine-electric semi-truck. Valuation metrics suggest that Nikola Corporation may be overvalued. Nikola F value suggests it would be a poor choice for value investors. NKLA’s financial health and growth prospects point to its potential to underperform the market.

Nikola Truck Logo

2023 Nikola Tre FCEV

The Nikola Corporation has announced two strategic investors from its previous funding rounds. Bosch and Hanwha each invested at least $100 million, for a total of $230 million. Nikola Corp. has announced two strategic investors from its previous funding rounds. Nikola still works with relatively unproven technology and competes with clean energy heavyweights like Tesla (TSLA). To make matters worse, Tesla has announced that it is starting production of electric Semi trucks, which means that the Nikola will compete directly with Tesla.

2023 Nikola Tre BEV