Categories: Automobile

Nikola Q1 earnings: Net losses widen to $153 million

[ad_1]

Nikola Corp. reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher costs as it ramped up production of its electric semi trucks.

The company said its net loss widened to $152.9 million in the first quarter ended March 31 from $120.2 million a year earlier.

The company also said it shipped 11 Tre battery electric trucks in April, marking its first ever shipment to customers.

[ad_2]
Source link
Admin

Recent Posts

Exploring the Features and Benefits of Strio

Hey there! Have you ever found yourself tangled up in the world of communication and…

2 days ago

The Importance of Pre-Sale Pest Control: Ensuring a Smooth Home Transaction

Are you worried that hidden critters might derail your home sale? Selling a house can…

2 days ago

Understanding Certificate of Deposit Rates: Why Expert Guidance is Essential

How can individuals make the most of certificate of deposit (CD) accounts? With various options…

3 days ago

Knowing the Delta-8 Reseller Market

Hi there, and welcome to the intriguing world of Delta-8 THC! If you are intrigued…

3 days ago

Introduction to Accessible Web Design Best Practices

In today's digital landscape, creating websites that are accessible to everyone, including people with disabilities,…

4 days ago

Understanding QQKuda Slot Machine Features

QQKuda slot machines are a popular alternative among players who like a mix of fun,…

1 week ago