Nikola Corporation (NKLA)

[uksausage]

one of the better posts this week
currently though the company doesn't seem to be needing to dilute although they have been stating their requirements quarterly at each earnings report so they have the cash on hand for the next 12 months. Typically $100-120m I believe.
So we need production numbers - we better see the quarterly number on July 3rd - since we missed the May numbers.
I am expecting more large fleet news even if they can’t name names. The Q1 call had a big focus on getting large fleet commitment so 10 units this quarter underpins 1000 units in 2025 against which they can get supply chain costs reduced.