Share price of under-pressure Nikola Motor falls to all-time low after announcing $100m stock offering

The US hydrogen and battery truck maker warned in February it may have to terminate its operations due to 'continuing losses for the foreseeable future'

A Nikola hydrogen truck being refuelled from a mobile unit.
A Nikola hydrogen truck being refuelled from a mobile unit.Photo: Nikola Motors
Published 31 March 2023, 14:14Updated 31 March 2023, 14:14