Troubled hydrogen truckmaker Nikola exceeds sales target but revenue falls due to losses on every vehicle sold

The company has recorded a net loss of nearly $148m as share price continues to flag

Nikola's Tre fuel-cell truck.
Nikola's Tre fuel-cell truck.Photo: Nikola
Published 8 May 2024, 07:37Updated 17 June 2024, 08:27
Nikolafuel-cell vehiclesFuel cellsTrucksUS